Guiding you along your financial journey
As a result of the lockdown, many Canadians have now been forced out of the work. If you have lost your income due to COVID-19, and are in need of financial assistance, please see our previous post, Financial Assistance: Benefits to Get Through Coronavirus. Indeed, the economic fallout from COVID-19 and the corresponding lockdown is well-documented, and dominates the media […]
March was the worst month for global stock markets since the 2008-09 financial crisis. Bonds were down a little, while oil halved (!) in price as COVID-19 shutdowns decimated the demand for oil.
Question. Like many other people, I am now working from home due to the lockdown. I’m wondering, can I now claim home office expenses as a tax deduction? Also, my employer gave me some money to buy things such as a new webcam for our virtual team meetings, so I can work from home properly. Is this a taxable benefit […]
February was a down month for nearly all equity market indexes as the corona virus continued to spread around the world.
Six years ago we set out to improve and modernize the investing experience for Canadians. Today, we are excited to announce that ModernAdvisor has joined the Guardian Capital group of companies. Our transparent and tech-enabled approach to investing, combined with Guardian Capital’s expertise and resources will help us to better serve our clients and reach even more Canadians. In light […]
Question. Hi, I keep hearing about RRSPs in the news lately, and I know the contribution deadline is getting close. I’m wondering if should contribute to my RRSP this year, and if so, how can I figure out how much to contribute? Do you have any advice or suggestions for me? Answer. Indeed, it’s that time of year again, […]
December was a good month for most equity markets, while one of the best performing asset classes in 2019, REITs, took a breather.
Question. I’ve noticed a lot of news about the US stock market recently, and how last year was a great year for investors. I have mostly Canadian investments in my portfolio, as I feel that it’s safer. But I’m wondering if 2020 will be the same, and if I should buy US investments instead? Do you think that now is […]
