Financial Advisor Ali Almahroos
237 Barton St. Hamilton, Unit 201, L8K1Y4

In May, families received an extra $300 tax-free per child with their regular #CCB payment to help with challenges caused by COVID-19. And starting next week, the maximum yearly benefit is going up again Canada.ca/Canada-Child-Benefit

This partnership will allow the Bank to continue its work on behalf of Canadians to explore how technology will shape the future of our economy and financial system, Tiff Macklem, governor of the Bank of Canada

It's not a surprise having a financial advisor to manage your asset adds a lot of value to the table. A study from Russel Investment showed that hiring a financial advisor can potentially generate additional returns up to 2.88%. To put it in numbers, a $1,000,000 portfolio would generate an additional $28,800 extra each year!

GREAT NEWS FOR CORPORATES AND TRUSTS!!! The CRA is allowing all businesses to defer T2 corporation income tax returns and T3 trust income tax returns to file by Sept. 1. If you're self-employed you have till June 15 filing deadline, but the payment deadline has also been extended to Sept. 1.

Wishing all my family and friends a happy Eid. Stay healthy and safe!

The resulting combination of higher mortgage debt, declining house prices and increased unemployment is cause for concern for Canada’s longer-term financial stability, Mr. Siddall said in prepared remarks to the federal standing committee on finance.

It’s a great opportunity to get in the market when it’s on discount!

Win the race in uncertain times. Stay the course. Stay ahead.