The Canadian government and the Canada Revenue Agency (CRA) run two major financial programs for the economic betterment of seniors. These programs are the Canada Pension Plan (CPP) and Old Age Security (OAS) which aim to provide monthly benefits to the eligible citizens of the country. Ever since the news regarding the $3,300 by CRA … Read more
The low-earning workers in Canada can benefit from the $1,428 Canada Workers Benefit in August 2024. The Canada Workers Benefit (CWB) is a refundable tax credit that is provided to the low-income working citizens of the country. The Canada Revenue Agency distributes the CWB payments in two major parts which are a basic payment and … Read more
The citizens living in Province of Alberta can get $1,469 to $3,674 Alberta Child and Family Benefits in 2024 and 2025. The payment will be provided by the provincial government of Alberta to the eligible citizens of the province. The payment available to the eligible recipients on quarterly basis via CRA. Important information on Alberta … Read more
As per the recent TD Bank Class Action Lawsuit Settlement, the citizens of Canada will be eligible to claim a share of $15.9 million settlement amount. Earlier, a number of customers imposed allegations against the Toronto Dominion bank in 2021 that the bank charged its customers multiple NSF (non-sufficient funds) fines on a single payment … Read more
The federal government has announced significant changes in the Canada Child Benefits in 2024. From now on, the families must meet other criteria levels to receive uninterrupted benefits for eligible children from the Canada Revenue Agency. The new Canada Child Benefit Changes will be implemented from July 2024 and will remain intact till June 2025. … Read more
The Canadians are about to receive Canada CPP Payment and it is 64+ Years Aged Seniors to Receive $1360 Monthly in August 2024. Know all the details such as fact check, eligibility, and payment dates for the $1360 Monthly CPP Payment for Canadian Seniors. The Canada Pension Plan is a federal program for Canadian citizens. … Read more
The Canada Revenue Agency offers several payments to Canadian citizens of various age groups. Senior citizens have access to many such payments, for example, CPP vs OAS vs GIS. But how to decide which payment is better for the individuals, if you are also dealing with the same situation, know how to choose between CPP … Read more
The Canada $51M Facebook Class Action Settlement has reached a consensus and the class action members are now eligible to avail the settlement payout in August 2024. In some Canadian provinces, Facebook runs a program “Sponsored Stories”, an advertisement campaign that was later accused of privacy breaches. The program was run from 2011 to 2014 … Read more
The Canadian residents will soon be having a Canada New $7500 Tax Credit Approved by the federal government of the country. The Canada New $7500 Tax Credit is also known as Home Renovation Tax Credit Payments and first-time home buyers will be having the benefits for house renovation in 2024. The qualifying individuals will have … Read more
The Supreme Court of British Columbia approved the Canada iPhone Class Action Settlement in March of this year. As per the settlement, the American Technology company has agreed to settle the lawsuit over alleged defects in older phones and software updates. The current or former iPhone 6 and 7 users are eligible to get a … Read more