Published July 5, 2026 Your morning rundown on the Canadian economy, markets, and money moves — TSX hits a record close, CUSMA talks roll past the deadline, the first CGEB payment lands, and what to expect ahead of the Bank of Canada's July 15 decision. 1. TSX closes at a record high on gold-miner strength The S&P/TSX Composite climbed 0.9% to close at a record 35,275 on Friday, July 3, powered by gold mining stocks. Gold prices firmed after U.S. nonfarm payrolls for June came in at roughly half the expected pace, fuelling bets that the Federal Reserve could turn more dovish. Agnico Eagle, Wheaton Precious Metals, and Barrick all posted solid gains, while financials like Scotiabank and BMO also moved higher on easing oil-supply concerns. Why it matters: if you hold Canadian equity index funds in your TFSA or RRSP, resource and financial-sector strength has been doing a lot of the heavy lifting this year — worth knowing if your portfolio feels more concentrated than you'd...
As the tax season kicks off, Canadians are gearing up to file their 2023 income taxes. Whether you’re a seasoned filer or a first-timer, here’s what you need to know for the 2024 tax-filing season:
As the tax season kicks off, Canadians are gearing up to file their 2023 income taxes. Whether you’re a seasoned filer or a first-timer, here’s what you need to know for the 2024 tax-filing season:
Important Dates
- February 19, 2024: The Canada Revenue Agency (CRA) opens its portal for online tax filing. If you prefer paper filing, expect your income tax package in the mail by this date.
- April 30, 2024: This is the deadline for most Canadians to file their tax return. Filing on time ensures timely processing of refunds, benefits, and credits.
- June 15, 2024: Self-employed individuals (and their spouses or common-law partners) have until this date to file their returns. If you owe money to the CRA, remember to pay by April 30, 2024, to avoid interest.
- February 19, 2024: The Canada Revenue Agency (CRA) opens its portal for online tax filing. If you prefer paper filing, expect your income tax package in the mail by this date.
- April 30, 2024: This is the deadline for most Canadians to file their tax return. Filing on time ensures timely processing of refunds, benefits, and credits.
- June 15, 2024: Self-employed individuals (and their spouses or common-law partners) have until this date to file their returns. If you owe money to the CRA, remember to pay by April 30, 2024, to avoid interest.
What’s New?
Digital Disability Tax Credit (DTC) Application Form:
- The CRA now offers a fully digital application process for the DTC. Persons with disabilities and their medical practitioners can complete Part A of the application form online in My Account or by phone. No more printing and manual completion!
- The applicant’s portion of the form is prepopulated with information already on file at the CRA. Once done, applicants receive a reference number for their medical practitioner to complete Part B.
Changes to the T1 Notice of Assessment:
- The T1 notice of assessment and notice of reassessment now provide clearer and more comprehensive information.
- If you’re expecting a refund and haven’t signed up for direct deposit, you’ll receive a paper T1 notice of assessment and a separate cheque.
Remember, timely filing ensures you receive the benefit and credit payments you’re entitled to.
Digital Disability Tax Credit (DTC) Application Form:
- The CRA now offers a fully digital application process for the DTC. Persons with disabilities and their medical practitioners can complete Part A of the application form online in My Account or by phone. No more printing and manual completion!
- The applicant’s portion of the form is prepopulated with information already on file at the CRA. Once done, applicants receive a reference number for their medical practitioner to complete Part B.
Changes to the T1 Notice of Assessment:
- The T1 notice of assessment and notice of reassessment now provide clearer and more comprehensive information.
- If you’re expecting a refund and haven’t signed up for direct deposit, you’ll receive a paper T1 notice of assessment and a separate cheque.
Remember, timely filing ensures you receive the benefit and credit payments you’re entitled to.
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