As of August 17th, Joe Biden led national polls by 7% on average, and importantly, was ahead in most battleground states. Biden’s large lead strongly indicates the Democrats will maintain a majority in the House of Representatives, but his lead is large enough that it gives Democrats legitimate hope of also winning a Senate majority…. 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
National Bank prepared the series of charts below on common investing myths and the realities of the market. The charts cover topics such as: Market Timing in the Long Run Reasons to sell Average Returns Equity Performance in the long run Dollar Cost Averaging or Lump Sum? Home Country Bias Should Investors Fear Recessions MARKET… 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