Dhcz Why Scotiabank (TSX:BNS) Stock Surged After Earnings
The tax filing date is back to the usual this year, or April 30. There s no extension announcement so far from the Canada Revenue Agency CRA despite a more complicated tax preparation due to the COVID-19 s impact. The federal government introduced several benefits that count as taxable income.Fortunately, some stanley polska changes could lower tax bills and compensate for the taxpayers stress. The CRA declared Monday, February 22, 2021, as the official start of the 2021 tax season. You stanley cup can do the paperwork once you have all the stanley cup tax slips and file your 2020 tax return electronically.1. BPA increaseThe basic personal amount BPA increased as scheduled and not as an offshoot of the pandemic. For the 2020 taxation year, the new BPA is $13,229 instead of $12,298, a $931 tax break. Individual taxpayers claim the full non-refundable tax credit if their net income in 2020 is less than $150,743. Next year, the BPA is $13,808, which means a $579 tax break.2. New Canada training benefitThe Canada Training Lyhx 2 Retail REITs Are Due for a Big Recovery
Canadian Imperial Bank of Commerce TSX: CM NYSE: CM battled through heavy writedowns during the financial crisis and is now poised for strong growth under its new leader.CIBC s stock dropped 58% from $102 in October 2007 to $43 in February 2009. Over the past five years, management has worked hard to right the ship and the shares have rebounded to former highs.Here are three reasons why I think Canadian Bank of Commerce will continue to do well.1. New CEO with a wealth-manag stanley bottles ement backgroundCIBC just announced it has found a new CEO to lead the company through the next stage of growth. V stanley mugs ictor Dodig, 49, will move into the CEO office on Sept. 15 as the head of Canada s fifth-largest bank. Gerald McCaughey, the current CEO, is retiring.Dodig has been the head of CIBC s wealth-management group since 2011. Before t stanley thermobecher hat, he ran CIBC s retail banking and sales division. The company has made the expansion of its wealth-management platform a priority. In 2013, CIBC bought private-weal