Most major North American stock markets hit fresh all-time highs this week. The S&P 500, Nasdaq and Dow Jones all closed at all-time highs on Friday. The S&P 500 closed at 4,352 and is up 15.87% year-to-date. The Dow Jones closed at 34,786 and is up 13.66% year-to-date. The Nasdaq closed at 14,639 and is… Read More
The You First Blog
Please be aware that effective July 1st 2021, our office’s new main number will be 604-682-1847. Note that the toll-free number – 1-877-688-2199 – will be unchanged at this time. Please let us know if you have any questions or concerns about this change. Weekly Update – By The Numbers North America Friday Close Weekly… Read More
Toronto Stock Exchange Breaches 20,000 Mark On Tuesday June 1st, the S&P/TSX Composite reached the 20,000-mark for the first time. On Friday, the TSX closed the day at 20,029.19, the first trading day the TSX closed above 20,000. The TSX has been one of the strongest-performing indices thus far in 2021. The Canadian economy is… Read More
After a difficult week that saw investors buying and selling in see-saw fashion, markets ended higher Friday as investors bought in volume across a broad base of sectors. It was a tug-of-war between inflation fears and dip-buys all week. In Canada, the S&P/TSX Composite exchange saw a 230.88-point increase although it ended the week down… Read More
The CRA will be applying automatic interest relief on 2020 tax return balances until April 30th, 2022 if you meet the following criteria: Your total taxable income was $75,000 or less You received at least one of the pandemic relief benefits (CERB, CESB, CRB, EI, CRCB, CRSB) You filed your 2020 income tax If you… Read More
HIGHLIGHTS FROM THE 2021 FEDERAL BUDGET Canada’s Finance Minister, the Honourable Chrystia Freeland, tabled the 2021 Federal Budget on April 19, 2021. The COVID-19 pandemic brought about the deepest and fastest recession, worldwide, since the Great Depression, having an unprecedented impact on the Canadian labour market, with more than 3 million Canadians losing their jobs… Read More