Canadian Personal Finance Blog

Like I said this morning, you can’t e-file right now and you most likely will not be able to for quite a while. Our friends at CCRA say:

Ottawa, Ontario, March 6, 2007… Commissioner of the Canada Revenue Agency (CRA) Michel Dorais today instructed some computer applications related to personal income tax filing to be temporarily halted. These applications include online services like Efile, Netfile, and My Account. Mr. Dorais said that he instructed that this preventative measure be taken following indications that CRA computer systems have run into infrastructure problems. In order to safeguard existing systems and to maintain the integrity of CRA’s taxpayer information holdings, Mr Dorais ordered tax filing processes halted.

Interesting, sounds like there was a lot of fun and games last night in the offices downtown trying to diagnose this problem.

So in what other financial areas would procrastination be a good strategy?

Bill payment? Yes, BUT, I am not saying don’t pay your bills on time, what I am saying is pay your bills on time (not early). Keep the money yourself, and hopefully let it grow in some fashion (unless an early payment would save you money on interest charges). I don’t want someone saying I said don’t pay your bills until they are late, what I am saying is don’t pay them early, unless you make money on the deal.

Procrastination is never a good thing for large companies when they are supposed to be posting their fourth quarter results, as we can see here.

CCRA has made sure we’ll have to procrastinate a little longer if we want to file our taxes on line, because that option doesn’t work right now. Whoops, and I actually did want to get that out of the way this week, guess I’ll have to wait now.

Need to think about this a bit more, any other good procrastination ideas out there? –C8j