There’s no doubt about it – in Canada, we are blessed. We have an abundance of food, unlimited access to clean water, and we live in a society where multiculturalism isn’t only welcomed, but celebrated. But despite the fact that we are one of the most thriving countries in the world, we still see great …
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, and some credits are better than others because they are refundable. This is where the working income tax benefit in Canada comes in. It is a refundable tax credit available …
Canada Fed on your bank statement is a direct deposit from the Canadian government. This payment is occasionally deposited into the bank accounts of eligible Canadians. Canada Fed deposit could include any of the following payments: But why does Canada Fed payment exist? There will always be low-income earners in any country, governments around the …
If you don’t know what RESP stands for, it is the acronym for the Registered Education Savings Plan. This Canadian government program caters for post-secondary education for kids in Canada. If you’d like to save or make an investment into the higher education of yourself or your loved ones, then RESP is the perfect program …
Unlike when you have to physically visit a financial institution or your tax office to pay your tax, today, there are tons of channels you can use. These channels are swift and easy to navigate. This article will be recommending and reviewing three ways to pay CRA in Canada. How to Pay the CRA 1. …
The answer is no, Medicare does not cover assisted living in Canada but there are other alternatives available to Canadians. Medicare is a popular term used to refer to Canada’s publicly funded healthcare system. It covers a range of medical services of which assisted living may or may not be a part. As a senior …
Saving has always been an integral part of our being as we plan towards achieving some great things in life. Whatever you are planning for, it is essential to put aside some money towards retirement. This is to aid your transition and ensure a comfortable retirement. There are several ways to save and plan for …
What is the Lifelong Learning Plan (LLP) in Canada? Read More »
Do you need information about CPP disability payments in Canada? It can be difficult finding the answers you seek because much of the information on the internet is outdated. CPP disability is a dynamic program that’s always changing with each passing day. You don’t want to make an important decision based on outdated information. Luckily …
Mesothelioma claims continue to rise across the Canadian regions, as a result of the hazardous effect of exposure to asbestos. Mesothelioma lawyers are lawyers/attorneys with a specialty in legal cases related to victims of asbestos exposure. As a result of their experience and knowledge, they can assist victims diagnosed with mesothelioma to get financial compensation …
The Canada Child Benefit has been a lifeline for many Canadian families, helping them offset the expensive costs of raising a child in Canada. If you have a child or children below the age of eighteen or you are primarily responsible for the upbringing of the child or children, you could be eligible for the …
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