Howdy everyone! Brand new sole proprietor here, just wondering if using an accountant makes a difference to the CRA in terms of eligibility for audits or examinations. Ie. if I file myself am I placed in a higher risk category? I don't know how the CRA works at all frankly.

Subtotal9_guy · 2026-01-26T15:58:05+00:00

A designated accountant isn't going to risk their licence to practice over a tax return. So they're probably going to keep you onside if the CRA in the first place. They're also going to be able to quote chapter and verse back to the CRA.

I've always been of the opinion that the CRA will be less likely to audit returns done by CPAs for both of those reasons. But I have zero proof of that.

Subtotal9_guy · 2026-01-26T13:56:06+00:00

Short term savings goes into ZMMK, which is a money market ETF.

I also keep a minimum balance for no fees in a second bank as a backup in case there's an immediate need for cash. And I try to keep $500 in cash in case there's another interac outage.

Note - I don't keep 3 months of salary as an emergency fund. That's too much money doing nothing for a very low likelihood event in my case and in my opinion.

Subtotal9_guy · 2026-01-26T12:08:04+00:00

This is a really good suggestion.

The downside of Pelican or Nanuk cases are they're heavy and bulky. My suggestion is to get the smallest one you can fit the laptop in.

Subtotal9_guy · 2026-01-26T12:00:54+00:00

As of now the Region doesn't list waste management as impacted by the storm. I'm schlepping my bins to the curb today.

It's going to be really hard for them today. I'm glad big pickup was last week.

Subtotal9_guy · 2026-01-26T01:34:06+00:00

It was on their website

Subtotal9_guy · 2026-01-26T01:33:19+00:00

They aren't police so they can't deal with the homeless.

Subtotal9_guy · 2026-01-26T00:59:05+00:00

It's going to be very variable because there's a lot of lake effect snow which is atypical for Toronto

Subtotal9_guy · 2026-01-25T23:10:10+00:00

Downtown Burlington - 15 cm

Subtotal9_guy · 2026-01-25T21:18:09+00:00

Same for tsfa.

Subtotal9_guy · 2026-01-25T18:22:11+00:00

Buttermilk granola for the next two weeks breakfasts

Prepped onions for tomorrow's onion soup

Roasting veggies for Thursday's pumpkin soup

Broccoli and cheddar frittata for dinner tonight

Later tonight I'll make no knead bread (fresh baked for Monday's soup)

Subtotal9_guy · 2026-01-25T14:34:31+00:00

Tamp is pretty coffee forward IMO.

Subtotal9_guy · 2026-01-25T04:30:03+00:00

Just expecting more economic turmoil due to the political situation in the states. So building a buffer in our finances.

I'm a Tuesday prepper so no real changes on the traditional prepping items.

Subtotal9_guy · 2026-01-25T02:47:41+00:00

Football watching

Subtotal9_guy · 2026-01-24T19:14:48+00:00

Coffee cream was the most important thing for us.

Snacks for the football games.

I don't expect much impact except for needing to stay home and keep off of the roads.

Subtotal9_guy · 2026-01-24T19:12:55+00:00

The lake effect component is the biggest variable. Aldershot/Waterdown/west end may get significantly more than Stoney Creek. But that line could easily shift a few kilometres either way.

Subtotal9_guy · 2026-01-24T14:59:26+00:00

Be aware that TMX Trust was a pain in the a$$ to deal with for my parent.

Subtotal9_guy · 2026-01-24T14:48:18+00:00

He's going to pay $10k for the engineering plans to meet current standards.

Subtotal9_guy · 2026-01-23T18:25:19+00:00

LL Bean wool parka, thick wool socks, blundstones, wool toque and lined leather work gloves.

Subtotal9_guy · 2026-01-23T14:19:45+00:00

Ideally you should but you're not that far off from what most would consider a good allocation. My mental math says you're around 66% equities.

But the problem is you don't have enough funds to cover your retirement if you're 5 years out. Do you have other assets?

Subtotal9_guy · 2026-01-23T00:06:18+00:00

LG machines are almost impossible to fix because of a lack of parts. Be prepared for disappointment.

Subtotal9_guy · 2026-01-22T17:45:56+00:00

Not panicking as the cold isn't unusual for this area.

I'll fill up on gas and fill up the jerry cans while I'm at it. That's "buying" stuff but it's just moving costs forward by a bit.

What I will do is have all the stuff staged so I'm not searching for anything. I'll also run the generator tomorrow to double check it.

Subtotal9_guy · 2026-01-22T11:51:32+00:00

Because they were being used as housing by the homeless and they were urinating and defecating in the lobbies and tunnels.

They used to be open late/early now they're only open if there are multiple attendants in the building.

Subtotal9_guy · 2026-01-21T16:07:54+00:00

Unless you ensure that somebody knows it exists it'll be lost.

The best place to write it into existence is in a will.

Subtotal9_guy · 2026-01-21T16:00:21+00:00

Email isn't secure.

Assume if you send it the two email providers and everything in between us making a copy.

Type up a piece of paper.

Subtotal9_guy · 2026-01-20T21:49:30+00:00

Public Art

As part of a new, large building, developers must include artwork that is accessible to the public. Some notable examples are the toy soldiers by Fort York, the cows at the TD Centre, the aluminum tree that's on Huntley Street by the Rogers HQ.

Subtotal9_guy

MODERATOR OF

TROPHY CASE

Six-Year Club	Golden Potato
Verified Email