What is Provincial Payment Canada?
Did you receive a deposit in your bank account tagged ‘provincial payment’ and wondered what it meant? As a resident of Canada, you are entitled…
Category: Grants and Payments
What is Canada Fed Deposit on Bank Statement?
If you have ever seen a credit payment from Canada fed deposit on your bank statement, it is a direct payment from the Canadian government.…
What is an Instalment Loan in Canada?
Ever been in a situation where you had to fund expenses, and just couldn’t pay all of the money at once? Regardless of your financial…
How to Apply for EI Online
Since the outbreak of the COVID-19 pandemic, more people have taken to completing necessary forms online. To aid the process and encourage more people to…
T5007 Statement of Benefits Canada Guide
The T5007 form, also known as the Statement of Benefits, is a slip used to report workers’ compensation benefits or social assistance rendered by organizations,…
Working Income Tax Benefit in Canada
Tax credits and tax deductions are two distinct elements that can save you money on taxes. However, tax credits have more impact than tax deductions,…
Employment and Social Development Canada (ESDC)
Most countries have a sector that handles development and social services; Canada is one of these countries. The Employment and Social Development Canada (ESDC) is…
What is a PRPP Contribution in Canada?
There are various retirement savings plans in Canada, and the Pooled Registered Pension Plan [PRPP] is one of such savings plans. This plan is unique…
How Samsung Pay Works in Canada
Smartphones have become the new trend in mobile money and payment management, such that your mobile phone can be incorporated as a wallet to store…
How to Write a Cheque in Canada
In today’s digital world, most financial transactions are carried out online. Nonetheless, it is necessary to practice proper banking etiquette when you visit a physical…