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Weekly Market Snapshot: Records Everywhere as a Blowout Canadian Jobs Report Meets a Shock U.S. Loss

  August 8, 2026 A short, holiday-shortened week still managed to deliver record after record. The TSX, the S&P 500, the Nasdaq, and Europe's major indices all closed the week at or near all-time highs — even as Friday's jobs numbers told two very different stories on either side of the border. Here's everything that moved your money this week, and what to watch next. The Bottom Line The TSX capped its biggest weekly advance in about four months, closing Friday at a record 36,381.23 after Canada added a blowout 75,100 jobs in July (versus 17,800 expected). Wall Street also hit fresh records — but for the opposite reason: US employers unexpectedly cut 23,000 jobs, which markets read as reducing the odds of any further Fed rate hikes. Add in a fourth straight record close for European stocks, a wild swing in oil, and gold pushing toward US$4,400/oz, and it was a week where almost every major asset class ended up higher. 🇨🇦 Canada: TSX's Best Week Since April Canadia...
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Tax Tips for the 2023 Filing Season: What You Need to Know


As the calendar flips to another year, it’s time to dust off those financial documents and prepare for the annual tax-filing ritual. Whether you’re a seasoned pro or a first-time filer, understanding the changes and important dates can make the process smoother. Here’s a concise guide to help you navigate the 2023 tax season:

1. Key Dates

  • February 19, 2024: The starting gun fires! This is the first day you can file your 2023 tax return online. If you prefer the old-school paper method, keep an eye out for your income tax package in the mail around this date.
  • April 30, 2024: The general tax filing deadline for most Canadians. File by this date to avoid delays in any refunds, benefits, or credits owed to you. If you owe money to the Canada Revenue Agency (CRA), this is also the payment deadline.
  • June 15, 2024: If you’re self-employed or your spouse/partner is, mark this date. It’s the deadline for filing your tax returns. Since June 15 falls on a Saturday, the CRA considers returns filed on time if received or postmarked by June 17, 2024. Remember, if you owe the CRA, pay by April 30, 2024, to dodge interest charges.

2. What’s New?

  • Digital Disability Tax Credit (DTC) Application: The CRA has turbocharged the DTC application process. Persons with disabilities and their medical practitioners can now complete Part A of the application form online in My Account or by phone. No more printing and handwriting! The applicant’s portion will be prepopulated with existing CRA data, streamlining the process.
  • T1 Notice of Assessment: The CRA revamped the T1 notice of assessment and notice of reassessment. Expect clearer, more comprehensive information. If you’re due a refund and haven’t signed up for direct deposit, you’ll receive a paper T1 notice of assessment and a separate cheque.

Remember, filing your taxes accurately and on time ensures you receive the benefit and credit payments you deserve. So, gather those receipts, fire up your calculator, and let’s conquer the 2023 tax season! 

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