A groundbreaking $2.6 million class-action settlement involving Dollarama has been approved by the Superior Court of Quebec. The lawsuit, filed by LPC Avocats, highlights allegations that the retail giant failed to accurately display Environmental Handling Fees (EHF) on products, leaving…
As 2024 draws to a close, Canadian students are gearing up for the upcoming tax season, a critical opportunity to offset education-related expenses. Tax credits offer significant financial relief, helping students manage the costs associated with post-secondary education, from tuition…
Residents of Ontario can now access critical financial support through the CRA benefit payments for December 2024. This guide explains the key benefits, eligibility criteria, payment schedules, and steps to ensure you receive the funds you’re entitled to. From families…
Canada has implemented significant fiscal reforms to create an equitable taxation system for both domestic and international digital service providers. Central to this effort is the Digital Services Tax (DST), which imposes a levy on revenue earned from digital activities…
Homeownership remains a cherished dream for Canadians, yet the rising cost of down payments and limited housing supply have created significant barriers, especially for younger generations. To address this, the Canadian government introduced the Tax-Free First Home Savings Account (FHSA)—a…
The Canadian government is set to launch a new financial relief initiative designed to provide seniors with a monthly payment of $1,250, starting in December 2024. This program aims to offer much-needed support for seniors facing the ever-increasing cost of…
The Goods and Services Tax (GST) and Harmonized Sales Tax (HST) credit is a tax-free quarterly payment designed to help individuals and families with low to modest incomes offset the GST/HST they pay. As of November 2024, eligible Canadians have…
The Canadian government has announced a one-time $2,250 OAS (Old Age Security) boost for seniors aged 75 and older, scheduled for December 2024. This increase aims to provide financial relief to seniors struggling with the rising costs of living. Eligible…
The Canada Revenue Agency (CRA) is set to roll out an Extra GST Payment in December 2024, offering vital financial support to eligible Canadian taxpayers. This supplemental payment is part of the government’s effort to assist low- and moderate-income families…
As Canadians enter their golden years, financial security becomes a priority. The Canadian government has implemented several social assistance programs designed to support seniors over the age of 50. These benefits aim to alleviate economic uncertainties, address health challenges, and…