As a result of the COVID-19 pandemic, many employers have been forced to lock down their offices, plants, and other business locations. To the extent possible, many employees are now working remotely from their homes. As outlined below, this may provide for a tax reduction opportunity for many Canadian employees in 2020. Qualifying Conditions An […]

Payments must be reported as income for the 2020 tax year As we enter the fourth eligibility period for the Canada Emergency Response Benefit (CERB), which begins June 7, 2020 and runs to July 4, clients who have been out of work for reasons related to the Covid-19 pandemic could soon have collected the maximum […]

Performing the know-your-client process during a pandemic has both pros and cons In good times, advisors go to great lengths to remind clients that the party won’t last, and to tease out how clients will feel when portfolios lose 20% of their value. “Complacency can set in,” says Darcie Crowe, investment advisor and portfolio manager […]