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 […]
Question. Our family has been financially impacted by the shutdown due to COVID-19, and we are really having trouble making ends meet. I noticed recently that banks are offering people the option to defer their mortgage payments for a while. Is this something I should do? Are there any negative consequences? Answer. These are definitely challenging and unprecedented times. Many […]
Back in January, investor optimism soared as headlines touted great success for both US and Canadian markets. We were told Canada’s main stock market index, the S&P/TSX composite index, was expected to shatter records this year, as the market was hitting record highs. Two months later, in March, we are now dominated with headlines of the worst day in history […]
