Skip to content
Canajun Finances Home » Investing End of Year

Investing End of Year

As the year ends, remember there are investment things you might still need to do. It would be better to get most of this done earlier than later.

yellow and green led light
investment end of year
Game Over for Investment
Photo by cottonbro studio on

Monday, December 25, 2023 – Christmas Day

  • Canadian and U.S. stock markets closed
  • Bank branches Closed

Tuesday, December 26, 2023 – Boxing Day

  • Canadian markets closed
  • U.S. markets open

Wednesday, December 27, 2023

  • A great day to try to get all of the end of year stuff done! You have 2 banking days for the transaction to clear.
  • Take your losses or profits for taxes? Do that today if you want it on your 2023 return.
  • Did you get some cash for Christmas? Maybe spread the joy and give to a charity. That way it counts towards your 2023 return.
  • Do you pay your taxes quarterly? Today would be a good day to pay it if you haven’t already.

Thursday, December 28, 2023

  • You are cutting it close, but it might be OK today.

Friday, December 29, 2023 – Last Banking Day for 2023

  • The last settlement date to record a disposition as a gain or loss in the 2023 taxation year is cutting it close. Do whatever you need to do BEFORE noon Eastern time.
  • Deadline to submit registered plans contribution and withdrawal requests for the 2023 tax year:
    • Tax-Free Savings Account (TFSA) withdrawals
    • Retirement Savings Plan (RSP) withdrawals and Registered Education Savings Plan (RESP) withdrawal or contributions requests
    • RESP and Registered Disability Savings Plan (RDSP) contributions, for 2023

Santa wants to make sure you have a good tax return for 2023.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Verified by MonsterInsights