In our September 2023 newsletter, one of our articles talked about the new FHSA account, which was created to help people save for their first home. By now, most of the major details are well-known: You can contribute $8,000 a year to the FHSA You can contribute $40,000 lifetime to the FHSA Contributions are tax-deductible… Read More
The You First Blog
The Investia mobile app has continued to evolve since its launch in summer 2021. Recently, the app underwent a visual overhaul that has made it easier to navigate. Without question, the Investia mobile app is the easiest way to review your portfolio. Setting up the Investia mobile app is easy. Downloading the Investia App:… Read More
The deadline to contribute for the 2022 tax year is soon approaching. Depending on your marginal tax bracket, you could see a tax savings as high as 53.5% on your contribution. Roughly speaking, if you earn more than $50K a year, a $1,000 contribution will generate a $300 tax savings. If you earn more than… Read More
Earlier this summer, the You First office moved from the West End to Coal Harbour. The new address is 670 – 1199 W. Pender St., located at the intersection of W. Pender and Bute. The buzz code to enter the building is 0670. The phone number remains 604-682-1847.
It has been a bumpy ride so far this year, but the global economy and markets are capable of coping. The Russia-Ukraine conflict is concerning and continues to affect investor sentiment in the short-term. More rate hikes are coming to combat inflation, which will likely stay high in Q2, but should cool later in the… Read More
There is just over a month left to make an RRSP contribution that would allow you to claim a deduction on your 2021 tax return. We would like to remind you that if you have an Investia Nominee account (most of you now do), you can transfer money to us via the bill payment function… Read More