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With 2020 nearly over, now is a good time to think about tax planning opportunities that may still be available to you. In this new report, CIBC tax expert Jamie Golombek offers his year-end tax tips with a focus on those financially impacted by COVID-19.

Lest we forget.

Lower interest rates and ongoing economic recovery are supporting higher equity markets. However, the September pullback can be seen as a consolidation after a sharp rally rather than the beginning of a market downturn.

Tax planning should be a year-round affair, but as year end approaches, now is a particularly good time to review your personal finances. Jamie Golombek has a new report (coming soon) on his top year-end tax tips and this video features the highlights.

Given that the CRB is likely to be the primary benefit available to self-employed and other workers not eligible for EI, CIBC's Jamie Golombek take a deep dive into who is eligible, the mechanics of applying, and the tax consequences of receiving the CRB.

In addition to wreaking havoc on the economy at large, the pandemic has had sudden and significant repercussions for how individuals conduct their financial planningspecifically, how they approach spending and saving goals.

CIBC Chief Economist Avery Shenfeld explains how each outcome of the U.S. election could impact the market, and also reveals why mail-in votes could spur market volatility.

If you owe back taxes to the Canada Revenue Agency and hope to avoid paying up by simply transferring your assets to your spouse, partner or relative, be forewarned the taxman can seek the funds directly from your relative.

In the interest-rates market, implied volatility is well above levels reached in 2016 or 2012, signaling what could be turbulent times as Election day approaches.

CIBC Asset Management's Amber Sinha reveals why markets outside of North America may present potential for investors and what investors should keep an on eye in the coming months.

Banks will keep their interest rates low for the foreseeable future, but governments can’t keep spending at the same rate. Unless an effective vaccine is developed and distributed quickly, our economic malaise will continue for months to come.

Many investors have fled to gold as a safe-haven asset while others are wondering where to turn. CIBC's Craig Jerusalim suggests investors will likely benefit from having some exposure to gold when properly incorporated into a well-diversified portfolio.

Imagine having the ability to go back in time to when stock markets peaked right before a massive plunge. Time travel is still a fantasy, but investors who watched their life savings dwindle in the wake of February’s pandemic plunge are getting a reset.

While the stock market has made a v-shaped recovery since the COVID-19 lockdown, the economy continues to lag. CIBC's Craig Jerusalim provides tips for navigating the current market environment and explains why the stock market's outperformed the economy.

With chronic low interest rates, and global bailout programs spurring inflation concerns, many investors are wondering where to turn for fixed income options as the pandemic continue. CIBC Asset Management’s Patrick O’Toole discusses.

The CRA has been cracking down on perceived misuse accounts by assessing some taxpayers with an overcontribution tax, and others for falling afoul of the advantage rules for registered plans. Two separate tax cases last month dealt with TFSA penalty taxes.

With all the market uncertainty, jittery investors might be tempted to sell off their investments and take refuge in cash. Instead of making a rash and sweeping overhaul, consider taking the following small steps to reduce a portfolio’s risk.

Many risky assets, have already recouped lost ground during the March correction. But, are markets ahead of themselves? CIBC's Luc De la Durantaye says it's not an easy call to make, but odds of a faster recovery are better than generally believed.

We’re all wondering what the future holds in the face of COVID-19 and the economic lockdown that has come with it. Having a plan that takes different outcomes into account is the only way one can truly reduce the anxiety that comes with future uncertainty.

Volatility reminds us that the market structure is not stable. While most markets have been rising in recent months, the liquidity situation argues that bad news or a change in sentiment could result in substantial and nearly instantaneous losses.