Eligible Canadian families will be able to receive the following maximum benefits in a year for children under their care for the 2025-2026 benefit year: To illustrate, a family with children of ages 5 and 9, having a net family income of $65,000, is eligible to receive slightly above $11,000 in CCB benefits altogether. Who … Read more
Working refundable credits assist individuals and families with low income in managing their tax burdens. One such fund is the Canada Worker’s Benefit (CWB), which replaces the Working Income Tax Benefit (WITB) and combines the core amount with the disability supplement to help Canadians better cope financially. Projected Benefit Levels For 2025 For the 2024 … Read more
In May 2025, the Canada Revenue Agency (CRA) released a new tool that helps Canadian parents track their CCB payments. The feature makes it easier to access benefits, giving families who rely on assistance more insight. How The CCB Tracker Works CCB Tracker, accessible through the CRA My Account portal, acts as a consolidated dashboard … Read more
The Canada Carbon Rebate (CCR), which was once the Climate Action Incentive Payment, gave households tax-free credits on a quarterly basis in the provinces that are part of the federal carbon pricing system. It refunded money to people in provinces that lack their own carbon pricing systems. Location-Specific Rebate Benefits Rebate payments were different depending … Read more
The Canada Revenue Agency (CRA) has made a notable move by approving a payment of $3,900 for Canadian seniors who qualify in 2025. Seniors will be receiving the payment in the form of checks in order to provide quicker and easier financial assistance to seniors across the nation. Who Is Eligible For The $3,900 Payment? … Read more
Transport Canada is leading the initiative to update the Motor Vehicle Safety Regulations with the aim of aligning the regulations with international standards and simplifying compliance for manufacturers and vehicle importers. The public consultation is open and will close on 23rd September, 2025. 1. Removing Dates From Test Method References A significant amendment is the … Read more
As earlier communicated by the Canada Revenue Agency (CRA) in 2024, there will be a change in the payment structure in 2025. As a part of the Canada Workers Benefit (CWB), which is an income supplement for low to moderate-income workers, eligible Canadian residents will be entitled to receive $1,428 every quarter. The total amount … Read more
With effect from April 2025, the Canada Carbon Rebate (CCR), previously known as the Climate Action Incentive Payment (CAIP), will no longer be in effect, due to action from the Canadian government. This impacts eligible citizens since their final quarterly payments have already been issued and no further rebates will be forthcoming. Understanding The Carbon … Read more
Eligible Canadian families can expect to receive a $386 Carbon Rebate payment for mid-July 2025, on the 15th, as confirmed by the Canada Revenue Agency (CRA). This scheduled rebate is consistent with the quarterly program of the federal government to try and offset carbon pricing by returning the proceeds to the taxpayers. What Is The … Read more
Retirement Age Debate In Canada 2025: The fixed retirement age of 65 in Canada is under examination amid an increasing policy debate. As Old Age Security (OAS) costs continue to increase, Generation Squeeze, along with other think tanks, argues that reforms are necessary to maintain fiscal health in the absence of further tax hikes. They … Read more