Equity markets continue rising The Toronto 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 Toronto 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
Once in a very great while, there comes a year in the economy and the markets that serve as a tutorial in the principles of successful long-term, goal-focused investing. 2020 was such a year. On December 31, 2019, the Standard & Poor’s 500-Stock index closed at 3,230.78. This past New Year’s Eve, it closed at… Read More
March 1, 2021 is the deadline for contributing to an RRSP for the 2020 tax year. Our office will send out multiple reminders between now and deadline day. Signing your contribution form is easier than ever. With our improved electronic consent procedure, you can now e-sign using your phone in as little as 30 seconds… Read More
We would like to provide you with an update on the work-from-home tax saving options available for the 2020 tax year. Those who worked from home in 2020 will have to decide whether to use the $2 a day flat-rate or detailed method. At tax time, you can use our employment expenses checklist which will… Read More