Valencia Canada, especially Québec, has some very high income taxes and so the residents are waiting for $800 Solidarity Tax Credit for Low-Income. Fortunately, you may reduce your tax liabilities using a variety of tax credits and refunds in Canada. There are certain tax credits exclusive to citizens of Québec, such as the refundable Solidarity Tax … Read more
The month of April 2024 is beneficial for all workers in New Brunswick to get a Minimum Wage Increase. This increase occurred in this province but all other provinces have also increased their minimum wage rates. According to the rising inflation and cost of living, there is a need to revise the minimum wage to … Read more
Many senior citizens in Canada depend on pensions and old age security is the best option for senior citizens to get financial support, whether they are working or not. The Government of Canada launched OAS for all senior citizens who want financial assistance to manage their expenses. If you have started an OAS pension then … Read more
Senior in Canada receive cash assistance from the government of Canada on a regular basis. The Canada Revenue Agency oversees the administration of these financial supports and verifies that applicants are Eligible for $1,400/Month Extra OAS 2024. An upcoming $1400 Old Age Security (OAS) payment enhancement for 2024 has been announced by the department, which … Read more
If you are suffering from low income then the federal government of Canada provides you some financial assistance through tax refund which comes under Federal Payments Canada. If you are not financially stable then this support will allow you to live with inflation within which you can manage your lifestyle. If you are looking for … Read more
The inflation rate of the country is convincing the senior citizens to become independent. Medical expenses are rising with the increasing age of senior citizens. Further, the changes in the climatic conditions are causing changes in the health of the individuals and are raising health issues in Canada. Those seniors who are suffering from low … Read more
As a result of the increased rate of inflation individuals are not able to fulfill their basic needs and requirements. As a result of this increased rate of inflation, the government of Canada has decided to provide the OAS Payment to the senior citizens of Canada. Here the main aim of the initiative of the … Read more
In 2023, Bill C-22, sometimes referred to as the Canada Disability Benefit, was enacted into law. Its purpose is to provide financial support to low-income handicapped Canadians who are of working age. Disability activists are applauding the bill, even if details on eligibility and payment levels are still lacking. Its demise is timely since Canadians … Read more
The Government of Canada has introduced the Old Age Security Pension (OAS) to help low-income senior citizens and their families receive financial support in case of retirement, disability or death. OAS Pension Program comes under a guaranteed supplementary income for all senior citizens as they can receive monthly compensation amount from the government. The OAS … Read more
Several residents of Canada are eligible for getting the CRA Payment Increase 2024. This includes foreign students as well as those individuals who have a permit to work. Since most of the payments of CRA are issued each quarter or every three months, therefore the citizens of Canada must be on the lookout for the … Read more