In a move to support first-time home buyers, the government has proposed a new GST rebate program aimed at making homeownership more attainable. Under this initiative, […]
Following the 2025 federal election, Canada’s Liberal Party has formed a minority government, ushering in a new wave of tax-related proposals that could significantly impact individuals […]
In the wake of newly imposed tariffs affecting Canadian businesses and individuals, the federal government has announced a comprehensive set of measures aimed at easing financial […]
Starting July 2025, the Canada Disability Benefit will provide a monthly payment to working-age Canadians with disabilities who have low income. Eligibility Criteria To qualify, applicants must: Benefit Amount Maximum: $2,400/year ($200/month) from July 2025 […]
Under normal circumstances, CRA will be begin charging compound daily interest starting May 1st, 2021 on unpaid taxes owing for the 2020 tax year. However, due […]
Filing personal returns on time is crucial. This is especially important when you have a balance owing because the CRA will charge you a late-filing penalty […]