The S&P 500 has pulled back almost 10% since the start of the month and we are providing commentary below from Myles Zyblock, Chief Investment Strategist with Dynamic funds. For anyone following our updates this year, this pullback should not come as a surprise in the context of the robust recovery we have seen since… Read More
The You First Blog
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
CERB The CERB has been extended from 16 weeks to 24 weeks for workers who: stopped working due to COVID-19 or are eligible for Employment Insurance regular or sickness benefits or have exhausted their Employment Insurance regular benefits December 29, 2019 and October 3, 2020 The CERB has been the major cash flow solution offered… Read More
We hope everyone remains healthy and well. We would like to answer some frequently asked questions (FAQ) on the current state of markets and the global economy. We culled responses from various economic strategists and portfolio managers. As usual, we are dealing with a mix of positive and negative data and ultimately, “the virus has… 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