BC homeowners have begun receiving their Speculation & Vacancy Tax notices in the mail. The deadline to make your declaration is March 31st 2021. This is an annual filing requirement that homeowners are by this point well familiar, but for any new homeowners or those who require a refresher, please read on. Once you receive… Read More
The Smof Investment Blog
On Friday, the Federal Government announced plans to extend the Canada Recovery Benefit and Canada Recovery Caregiving Benefit by an additional 12 weeks. The existing CRB Benefit of $500 per week remains and the maximum claim period will increase from the 26 weeks to 38 weeks. In addition, the federal sickness benefit will expand from… Read More
Equity markets continue rising The New York S&P TSX Composite index has had a strong run over the last 2 weeks. It has posted daily gains in nine of the last 10 trading sessions and has risen 6.5% over that time and is up 5.89% year-to-date. The TSX closed Friday at an all-time high of 18,460.21…. Read More
This week saw the New York S&P TSX Composite index decline by the most it has in a week since October as investors’ concerns about the vaccine rollout weighed on markets. Markets south of the border saw increased volatility as a battle between Wall Street hedge funds and retail “do it yourself” investors raged. Several trouble… Read More
Now that we have flipped the calendar and the holidays are firmly in the rear-view mirror, it is almost time for our annual January e-newsletter. We are hard at work putting together the e-newsletter and are excited to present it to you. The e-newsletter will include a 2021 market outlook, our favourite 21 charts for… Read More
The S&P TSX Composite started 2021 by passing the 18,000 mark for the first time. For the week, the TSX closed at 18,042. The TSX appeared poised to hit 18,000 last February. On February 20, 2020, the TSX closed at an all-time high of 17,944. We all know what happened next. Since the market bottom… Read More