Managing on a fixed income can be a challenge. In the bull markets of the past, keeping a steady amount of cash on hand seemed unimportant but hindsight is always 20/20. The important thing is not to panic or sell off stocks at a loss. CPA Canada has curated expert advice and resources to help you manage what should be one of the best phases of your life. Webinars These webinars are made possible by the generous support of Canada Life, our national development sponsor. Protecting yourself from fraud during COVID-19 Get tips on how to protect yourself from fraudsters during this crisis Coping with stress during COVID-19 Learn how to take control of your stress during this uncontrollable time Ten healthy habits to have during COVID-19 (French only) Learn how the ten healthy habits of financial management will help you better manage your money during and after this crisis. Podcasts Mental wellness during a pandemic Financial wellness and mental wellness are connected. It’s no secret that COVID-19 has left many individuals struggling mentally. Mary Ann Baynton, director of strategy and collaboration, Workplace Strategies for Mental Health, at Canada Life, helps us tackle these mental health hurdles by providing insight and strategies to take control in this uncertain time. This episode was recorded via Skype. Apple Podcasts | Podbean | Google Podcasts | Spotify Dealing with debt during a crisis Debt can be debilitating. Add COVID-19 into the mix and the problem gets bigger for many. With an East-meets-West approach, this episode uncovers the debt situation in Canada as well as provides solutions to help combat this financial crisis. Join Sandy Lyons, CPA, CA, CIRP, LIT, senior manager, Licensed Insolvency Trustee at Grant Thornton Limited, Frank Fabiano, CPA, CA, CIRP, LIT, partner at Grant Thornton Limited and Robert Hunt, CIRP, LIT, managing partner at Grant Thornton Limited for an insightful conversation on dealing with debt during this difficult time. This episode was recorded via Skype. Apple Podcasts | Podbean | Google Podcasts | Spotify Tax in turbulent times Tax season comes every year, but this year looks a bit different given the pandemic circumstances. In this episode, we talk all things tax with Fabio Bonanno, CPA, CA, principal, Taxation at CPA Canada, as he walks us through some of the government benefits available and what we need to know about tax during the COVID-19 crisis. This episode was recorded via Skype. Apple Podcasts | Google Podcasts | PodBean | Spotify Saving with volatile incomes The pandemic has caused many to re-evaluate their financial situation and closely analyze their expenses and needs versus wants. In such unpredictability, some are even wondering what they can do now to benefit their financial situation long-term, including saving. Join entrepreneur Garth Sheriff, CPA, CA, as he shares his story on how he and his family are tracking costs during COVID-19 and provides listeners with practical strategies for saving during this volatile time. This episode was recorded via Skype. Apple Podcasts | Google Podcasts | PodBean | Spotify Tools Cash Flow Organizer Get a clear picture of your cash flow — what is coming in and what is going out. Net Worth Worksheet Get a snapshot of what you own (your assets) and what you owe (your liabilities). Document Organizer Organize your documents in preparation for filing your taxes. Financial Wellness Guide Our interactive questionnaire helps you understand money basics and how they apply to you. Just the facts – Seniors Get access to educational materials on multiple financial topics for seniors, from better managing personal finances in retirement to protecting yourself against fraud. Articles Avoiding fraud and identity theft in times of crisis It’s said that a crisis brings out the best in people and, in most cases, that’s true. But there is a dark side to tough times, as fraudsters prey on people who are uncertain and looking for easy answers. Habits to improve financial wellness Many of us find ourselves in the same financial rut over and over again. The following blog post offers tips on improving your financial wellness. Being financially savvy will help you sleep better at night Financial wellness has less to do with how much money you earn, and more to do with how you manage it. Federal government support reduced minimum withdrawals for Registered Retirement Income Funds – Required minimum withdrawals from RRIFs have been reduced by 25 per cent for 2020. Employment and Social Development Canada – Public pensions (Canada Pension Plan and Old Age Security) – How to apply during the COVID-19 pandemic special Goods and Services Tax credit payment one-time payment for low-income and modest income families close to $400 for single individuals close to $600 for couples extra time to file income tax returns filing due date for 2019 tax returns of individuals (other than trusts) deferred until June 1, 2020 (Payment due date for 2019 tax year is extended to September 1, 2020.) any new income tax balances due, or instalments, being deferred until after August 31, 2020 without incurring interest or penalties if expecting benefits under the Goods and Services Tax credit or the Canada Child Benefit, do not delay filing View a complete list of support and up-to-date information on the Federal Government’s COVID-19 Response Plan Provincial support Alberta COVID-19 info for Albertans emergency isolation support British Columbia COVID-19 provincial support and information BC Housing supports – COVID-19 and tenancies BC Hydro – COVID-19 customer updates and support Insurance Corporation of British Columbia (ICBC) – affected ICBC services Manitoba information and support for Manitobans managing your stress Newfoundland & Labrador NL government COVID-19 resources general inquiries related to government services: 1-833-771-0696 from 9:00 a.m. – 5:00 p.m., Monday to Friday or email firstname.lastname@example.org New Brunswick mental health and coping during COVID-19 Northwest Territories COVID-19 (Coronavirus disease) COVID-19 info for employees frequently asked questions about COVID-19 (related to NT) Nova Scotia support for Nova Scotians, businesses, and health care Nunavut COVID-19 (Novel Coronavirus) managing anxiety and stress during COVID-19 Ontario online application for Social Assistance Ontario Disability Support Program renting: changes during COVID-19 Ontario Energy Board OEB COVID-19 update – response measures help for low-income consumers Ontario Action Plan: responding to COVID-19 Quebec Revenu Quebec - flexibility for producing income tax returns and questions financial assistance (COVID-19) Prince Edward Island COVID-19 supports and services Saskatchewan self-isolation support program Labour Market Services offices Yukon COVID-19 support for Yukoners For questions, please email us.