The You First Blog

“I love deadlines. I love the whooshing noise they make as they go by” – Douglas Adams 2018 Tax Deadline We generally quote a two-week turnaround for completion of tax files. Given the volume of tax files we’ve received to-date, we would like to remind you that it the April 30th deadline is only 18… Read More

“The art and science of asking questions is the source of all knowledge” – Thomas Berger Guide to Recessions Capital Group has released an informative, user-friendly piece on the topic of recessions. The article answers the following questions: What is a recession? How long do recessions last? What happens to stock markets during recessions? What… Read More

“Diligence is the mother of good fortune” – Benjamin Disraeli Be Aware: CRA Scams Abound As we enter the full swing of tax season, it is important to remember that scammers posing as CRA agents are also getting into full swing. The CRA has put together a helpful list of things they MAY and things… Read More

“The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least amount of hissing” – Jean-Baptiste Colbert Market Rise Again on Brexit & U.S.-China Trade Optimism Markets rose to five-month highs to close out the Friday session. Renewed optimism on the U.S.-China trade front, combined… Read More

“Success usually comes to those who are too busy to be looking for it” – Henry David Thoreau Bank of Canada Holds Key Rate Steady The Bank of Canada opted not to increase its key rate on Wednesday and cautioned “increased uncertainty” when discussing the timing of future rate increases. While future rate increases are… Read More

“The greatest inspiration is the deadline” – Anonymous   2018 RRSP Deadline Has Arrived, Tax Season Looms Another year, another RRSP deadline. After today, all contributions will count toward your 2019 Tax Returns. Tax season is the next big calendar event on the horizon. The 2018 tax deadline for most Canadians is April 30, 2019…. Read More