Please note that our office will be closed on Monday, October 12, 2020, for Thanksgiving Day. We will resume regular business hours on Tuesday, October 13. Happy Thanksgiving to all of you! Applications for the Canada Recovery Benefit open on Monday The Canada.ca website has now been updated with all application details for the Canada… Read More
The Smof Investment Blog
As the CERB winds down, a new program has been proposed to take its place. The Canada Recovery Benefit aims to be effective for 1 year, as of September 27, 2020 and will provide up to $500 per week for 26 weeks to workers not eligible for EI – mainly gig economy & self-employed individuals…. Read More
2020 has forced us to quickly adapt to a changing business environment, and we have learned a lot about the convenience of e-solutions. As a refresher, we want to let you know what e-solutions are available to you: You can login online to Fundex Wealthview and view your account balance, individual holdings, investment performance, quarterly… Read More
This is yet another reminder that the interest-free payment deadline for your 2019 individual income tax returns and 2020 March/June/September instalments is Wednesday, September 30, 2020. Penalties and interest will not be charged if returns are filed and payments are made by this date. This includes the late-filing penalty. Source: Canada.ca
Drawing from your portfolios? Worried about the next pullback? What can you do to minimize the impact of a correction? Markets have been on an upward trajectory since late-March and most portfolios currently sit flat or slightly positive for the year. This is quite the turnaround from just a few short months ago. However, headwinds… Read More
There continue to be many important updates regarding financial aid and CRA tax deferrals. Below is a quick summary of the recent news: Tax payment deadline: Two weeks ago, the payment deadline was re-extended by one month from September 1st to September 30th for those who either have a balance owing on their 2019 tax return,… Read More