If you are a taxpayer in Canada then the Canada Extra GST Payment you may receive in 2024 depends on several factors described below in this article. This is a type of payment available to eligible citizens that helps low- and modest-income individuals and families offset the GST and HST they pay. You will be … Read more
Many low to moderate-income families or people in the province of Ontario are looking for some financial assistance to manage their living expenses. So that the Ontario Trillium Benefit (OTB) program provides support to those who need it and also everything they need to manage expenses. It is a program that consists of three supporting … Read more
Those who are Canadian taxpayers are required to avail the Canada Tax Rebate 2024 amount. This is also a part of the tax system when the individual or business gets some of its taxes back from the government. Tax Rebate Amount 2024 will be given under a specific procedure where the taxpayer has paid more … Read more
Applying to the majority of products and services sold in Canada, the Goods and Services Tax (GST) is a value-added tax. The two-stage hike planned in the federal budget would raise Canada’s GST rate, which is now 5%, to 9% on January 1, 2024. Along with the government’s revenue and expenditures, this move will have … Read more
Recently a new minimum wage has come into effect in all provinces in Canada. Nova Scotia has also seen an increase in minimum wage rates and this will benefit workers to receive more pay from their workplace. As per the latest update, the new minimum wage rate will be applicable from 1st April 2024 and … Read more
The Canada Child Benefit is a major scheme under which millions of low-income families benefit and receive tax-free money to protect against inflation. The program provides financial assistance to eligible families to help offset the rising cost of living for children. So to prevent a greater financial burden on low-income group families, the government started … Read more
The government of Alberta, Canada has launched the Electricity Bill Rebate Canada 2024 to help the citizens of Alberta. A $500 Monthly Bill Rebate 2024 will be shared to qualified members and you dont need to apply, the rebate amount will vary every month and will be credited in your power bill. However, before expecting … Read more
Canadians have benefited greatly from the efforts of the Department of Employment and Social Development and the Canada Revenue Agency (CRA). Among them is OAS, which guarantees benefits as shown in the CPP. For seniors, a pension plan like this encourages financial stability. This article talks about $2250 OAS Increase June 2024 BIG NEWS. For … Read more
Bill C-22 became a law in 2023, known by another name, the Canada Disability Benefit, the program will give low-income disabled Canadians of working age financial assistance. Disability campaigners are celebrating the measure, despite the lack of information regarding eligibility requirements and benefit amounts. Its passing comes at opportune time: Canadians with disabilities are currently … Read more
If you thought everything was expensive before, the new year will bring with it additional expenses. Gas Prices in Canada Are Expected to Increase in 2024 in a number of ways, ranging from municipal fees and passes to federal and provincial taxes. Residents of Canada who are struggling due to the high cost of living … Read more