Journal

Many individuals wonder what happens to their Canada Pension Plan (CPP) benefits after they pass away. Does the pension end with the contributor, or is it transferred to a spouse or common-law partner? Since most people contribute a percentage of their income toward CPP during their working years, it is essential to understand what happens … Read more

The Canada Carbon Rebate (CCR) is a financial initiative aimed at assisting Canadian households in managing the impact of the federal carbon tax. Launched as part of the government’s broader climate action strategy, the CCR program helps offset the financial burden of carbon pricing for low- and middle-income families. This rebate is a part of … Read more

The Canada Workers Benefit (CWB) is a refundable tax credit provided by the Canada Revenue Agency (CRA) to support low-income employed residents. The CWB aims to assist workers who are struggling financially, providing much-needed relief to families and individuals in need. For the 2024 tax year, the CWB payment for families is a maximum of … Read more

The $179 GST/HST Credit Payment is a financial relief program provided by the Canada Revenue Agency (CRA), designed to assist low and moderate-income households in easing the burden of the Goods and Services Tax (GST) or Harmonized Sales Tax (HST). This benefit is particularly beneficial for families with children, as it offers significant quarterly payments … Read more