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
After reported rumours of President Trump’s positive COVID test were confirmed, Myles Zyblock – Chief Investment Strategist at Dynamic Funds – offered his commentary on the situation: President Trump and his wife have tested positive for SARS-CoV-2 according to an official statement from, Physician to the President, Sean Conley. Both Melania and the President are… Read More
In late-July, the CRA 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, or who have to make 2020 instalments. CRA said that it will not charge penalties or interest if payments are made by the extended deadline of September… Read More
(Full commentary courtesy of Myles Zyblock, Chief Investment Strategist, Dynamic Funds) Market Update: Addressing the Volatility This year’s leadership stocks having been aggressively sold over the past couple of days. Communications Services, Consumer Discretionary and, most notably, Technology have been leading the way down. The S&P 500 has been caught in this downdraft given that… Read More
Weekly Update – By The Numbers North America Friday Close Weekly Change Weekly % Change YTD % Change Canada – S&P TSX Composite 15,714 117 0.75% -7.91% USA – Dow Jones Industrial Average 26,075 248 0.96% -8.63% USA – S&P 500 3,185 55 1.76% -1.42% USA – NASDAQ 10,617 409 4.01% 18.32% Gold Futures (USD)… Read More
This week, the Canada Emergency Response Benefit (CERB) was officially extended for two additional months. CERB-eligible recipients will be able to receive $2,000 per month over the two extra months. Prime Minister Justin Trudeau announced the extension of the CERB during a statement on Tuesday. However, he did encourage Canadians to seek work and return… Read More