The Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit is a valuable non-taxable benefit provided by the Government of Canada to help individuals and families with low or modest incomes offset the GST or HST …
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The Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit is a valuable non-taxable benefit provided by the Government of Canada to help individuals and families with low or modest incomes offset the GST or HST …
Continue readingThe Canada Housing Benefit (CHB) remains an essential program in 2025, continuing its mission to help low-income renters afford safe and stable housing. This initiative, part of Canada’s National Housing Strategy, is jointly funded by …
Continue readingThe Canada Pension Plan (CPP) is set for notable changes in May 2025, including a cost-of-living adjustment (COLA) and enhancements affecting higher-income earners. These updates aim to bolster retirement income and ensure the CPP’s sustainability. …
Continue readingIf you live in Ontario, a helpful financial boost may be on its way to your bank account. The Ontario Trillium Benefit (OTB) for May 2025 is being deposited this Friday, May 9, offering much-needed …
Continue readingWhat is the Ontario Trillium Benefit (OTB)? The Ontario Trillium Benefit (OTB) is a monthly, tax-free payment created to help Ontario residents offset essential living costs, like energy bills, property taxes, and sales tax on …
Continue readingMicrobial Contamination Prompts Nationwide Recall of High-End Day Cream Health Canada has issued a recall for a widely used anti-aging face cream due to concerns over microbial contamination. The affected product, Watier Age Control Supreme …
Continue readinghe election of Mark Carney—former Bank of Canada and Bank of England governor—as Prime Minister of Canada has triggered widespread speculation about how his government’s aggressive fiscal agenda could affect the Bank of Canada’s (BoC) …
Continue readingThe Canada Carbon Rebate, formerly known as the Climate Action Incentive, continues to be a crucial federal benefit in 2025, aimed at helping Canadians offset the growing cost of fuel, home heating, and other carbon-taxed …
Continue readingFamilies across the United States can expect meaningful financial relief in 2025 through the enhanced Federal $2000 Child Tax Credit, which now offers monthly payments to help households manage ongoing expenses. Here’s everything parents need …
Continue readingLoonie Strengthens Slightly Against the U.S. Dollar The Canadian dollar posted modest gains against its U.S. counterpart on Monday, supported by rising domestic bond yields and broad market movements in global commodities. By the end …
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