Chandrika Gaur

Here’s What You Need to Know about the 10 Tax Benefits for Low-Income Canadians in 2024. In Canada, a person is considered to be in low income if their household adjusted after-tax income is less than half of the median adjusted after-tax income is less than half of the median adjusted after-tax income. 10 Tax … Read more

The ORS (Old Age Security) clawback and GIS (Guaranteed Income Supplement ) are rules in Canada that impact the benefits received by seniors. OAS and GIS Clawback Rules To be eligible for OAS, an individual must be at least 65 years old a Canadian or legal resident and He or She has been living in … Read more

WSIB stands for The Workplace Safety and Insurance Board of Ontario, Canada. It provides compensation to eligible residents who have been injured on the job or developed a work-related disease. Each workplace has insurance to assist workers if they get hurt while working. Your workplace insurance gives you access to benefits if you get hurt … Read more

Canada Benefit Increase Coming in 2025? Yes, several benefits in Canada are expected to increase in 2025. For 2025, the CCB will see a 2.7% increase, providing more support to Canadian families. Canada Benefit Increase Coming in 2025 This adjustment is particularly important given the rising living costs. The next Canada Child Benefit will be … Read more

Big Canada Tax Changes Are Coming in 2025, On Monday, December 7 the new government of Canada followed up on the speech from the Throne with Finance Minister Bill Morneau releasing a Notice of Way and Means Motion (“NWMM”) that will implement several tax campaign promises made in the recent election. As expected, the government … Read more

The $ Grocery Rebate for 2024 is a one-time payment in Canada that aims to help low- and middle-income families and individuals who are struggling with the high price of groceries. This is a one-time financial support initiative from the Canadian government. The aim of the Canadian government`s large grocery rebate program is to assist … Read more

Canada GST Payment Dates 2025: January- December Amount, Possible Increase and Eligibility: GST is a tax fee credit in which quarterly payments will be made by the CRA. The CRA will pay a fixed amount to all the low and modest-income families of Canada so that they paid for the GST/HST can be offset. Canada … Read more

Government Will Increase Age of CPP and OAS Eligibility or Not? As of now, there is no official confirmation the Canadian government is not increasing the age of eligibility for the Canada Pension Plan (CPP)or Old Age Security(OAS). Both benefits are important for retirees. Age of CPP and OAS First of All, Take a look … Read more

The carbon tax in Canada is scheduled to increase again on April 1, 2025.  In Canada, we all pay a federal carbon tax on the natural gas we use. Canada`s commitment to reducing carbon emissions will continue to affect taxpayers. Canada Carbon Tax Increases The federal carbon tax rate will increase to $80 per tonne … Read more