CPA Canada

All the organizations participating in this chat have amazing resources. The best way to protect yourself is to keep learning. Financial products and services are always expanding and with new technologies, there is something to learn over every horizon. Check out our resources and suite of educational sessions that your organization or community group can request – all for free. cpacanada.ca/financialliter… #VolatilityChat

Where can you get more information on how to protect yourself? #VolatilityChat

There is always a risk to investing and in volatile markets, your investments can be vulnerable. That doesn’t mean you need to be vulnerable. During times like this, fraudsters can come knocking on your door to take advantage on your concerns – from investments that guarantee a fixed return, to pretending to be your investment professional or your online brokerage to steal your personal information. Always, stop and think before you do. Verify the information and when in doubt, get their name and information and call the actual organization (with a number you trust). Nowadays, financial institutions will not ask you for personal information on the phone. You always have the right to do your due diligence. #VolatilityChat

Is your money safe? What do fraudsters do when markets are volatile? #VolatilityChat

Don’t panic! If you have a long runway, think about ways that you can buy in. When stocks are low, great time to buy. Look at whether you need to rebalance or diversify your portfolio. Perhaps you have too much in one area that is more susceptible to large swings in value. And if you are really concerned, keep more cash on hand rather than leaving it in the market. Maybe sleep on it and reinvest when you feel that the markets are more stable. Risk tolerance is all about whether or not you can sleep at night. #VolatilityChat

What can you do to protect your investments in volatile markets? #VolatilityChat

This depends on the type of investor that you are. For most of us, we tend to be long-term investors. Many of us are investing for retirement so your investment strategy needs to change depending on what your needs will be in the short and long term. The first thing is not to panic. If you are closer to retirement, think about the money that you need soon. Do you have enough? And if not, rather than selling low, can you lower costs or find other incomes. If you time horizon is longer, stay the course, the markets tend to correct themselves but look to rebalance your portfolio. This is a great time to reevaluate your time horizon (when you will need the money), revisit your goals, and be honest with your level of risk. We change and so should the way we manage our money. #VolatilityChat

Should your investing strategies change dependant on how the market is going? #VolatilityChat

Movements in the market are really about how people feel. The basic definition is that the price of stocks are based on the supply and demand for those stocks. Many factors come into play – whether economic (think interest rates and geopolitics), or changes at the company (if it is an individual stock). In the end, it’s about how investors are feeling and the actions they take that can increase market volatility. That volatility is measured at how small or large the price swings for stocks, mutual funds, ETFs…etc. #VolatilityChat

During times of uncertainty, the markets can be volatile and unpredictable. At times like this, it is important to discuss how we can navigate our finances and protect ourselves. #VolatilityChat

@johndotbastable Please reach out to the CPA provincial body where you reside to confirm CPA membership. You can find a list of the bodies and their contact info here: cpacanada.ca/en/the-cpa-pro…

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We're celebrating big news today! Pivot Magazine, our custom publication in partnership with @CPACanada, has earned 20 nominations at the National Media Awards Foundation's National Magazine Awards: B2B (@NMA_B2B) 🙌 stjoseph.com/news/pivot-mag…

Congratulations, Pivot! @CPACanada is nominated for Best Editorial with "The bottom line on mental health" by @Pamela_Steer and Douglas Dunlop. #NMAB2B24 buff.ly/3xPzG5d

@CraigDrebit Registration is now open!

@CPAcanada When does registration for The One Conference open?

The Kingsdale CEO and BlackNorth founder looks at the progress being made toward opening doors that had previously been shut for Black Canadians. ow.ly/WrLq50QwPJF

From solo study to group sessions, it was a healthy balance of work and play that helped these winners earn the highest marks in their regions. ow.ly/2Q8A50QurKi

Thanks for letting us know! All member should receive the email. Please check your spam/junk. If you have not received the email could you please send an email to our customer service - customerservice@cpacanada.ca with the email you would like to have attached your membership. They can help you update your contact information in your member profile.

@CPAcanada I have nor received any email. I am CPA through CPA Ontario, is there an exception. I can share my details of membership in case you require.

If you are a Canadian CPA, you should have received an email from us kindly requesting two minutes of your time to provide input as we work toward a future model that best serves our members’ interests. Your contribution is vital to guiding the significant work we do for the profession. Please be sure to check your inbox to participate in our brief poll.

For younger workers, base salary is only one factor they consider when making a move. ow.ly/4qcG50QnrcM

Warm wishes to all this holiday season! Whatever your plans may be, we wish you all a safe and relaxing break with your loved ones, and a happy and healthy holiday season!

We were pleased to see the federal government endorse our recommendation to remove the filing requirement for Canadian corporations, partnerships and trusts from the Underused Housing Tax (UHT). Unfortunately, the exemption does not extend to 2022 creating “uncertainty” for those Canadians who would be required to file for that year and the tax professionals advising them. Our VP of Tax, John Oakey weighs in: theglobeandmail.com/investing/pers…

🌍 Join the discussion on #Sustainability for Accountants! 📚📊 🗓️ Dec 1, 2023 🕛 12:00 - 1:30 p.m. ET 🔗 Register: buff.ly/46sCxfZ Hosted by @caaa_acpc in association with @IFAC & @CPAcanada. #Accounting

We are heartened that the federal government has endorsed CPA Canada’s recommendation to remove the filing requirement for Canadian corporations, partnerships and trusts from the Underused Housing Tax. #FES2023