Page 4 - Canada Workers News Today

The federal government updated the Canada Workers Benefit (CWB) back in 2021 and today, over three million Canadians are now eligible for the refundable tax credit. The Canada Workers Benefit has been set in place to help supplement the earnings of low-income Canadians. For Canadian families who are eligible, you could receive up to $2,400, whereas single individuals who qualify can expect a maximum amount of $1,400.

The Canada Revenue Agency's My Account service provides an easy way for portfolio manaers to access clients’ tax information.

Help this client and her daughter maximize their savings account

OTTAWA - A running list of specific promises announced by the Liberals, Conservatives, NDP and Green party sin...

OTTAWA — A running list of specific promises announced by the Liberals, Conservatives, NDP and Green party since the official start of the federal election campaign on Aug. 15.LiberalsAug. 26: . . .

OTTAWA — A running list of specific promises announced by the Liberals, Conservatives, NDP and Green party since the official start of the federal election campaign on Aug. 15.LiberalsAug. 25: Raise . . .

Federal budget bill receives Royal Assent, expands benefits for low-income workers SHARE ON: Deputy Prime Minister and Finance minister Chrystia Freeland delivering the Budget on April 19th, 2021, Image provided by Parlvu; Government of Canada The federal budget bill, C-30, was adopted by the Senate Tuesday and received Royal Assent marking what Ottawa is calling “a historic expansion of the Canada Workers Benefit”. Finance Minister Chrystia Freeland says this opens the program to about a ...

iPolitics AM: Residential-schools legacy and reconciliation By Kady OMalley. Published on Jun 3, 2021 6:01am Shoes have been left at the Centennial Flame on Parliament Hill to honour the 215 children whose remains have been found at a former residential school in Kamloops. Photo: Lindsay Beauchamp / Twitter Exactly one week after a B.C. Indigenous community confirmed that the remains of 215 children — some as young as three years old —  had been found on the site of the former ...

Article content If the Liberal Party does not regain its parliamentary majority after lavishing $143 billion in new spending on every sub-set of the Canadian population, it should call a royal commission of inquiry. Chrystia Freeland’s first budget professes to be about finishing the fight against COVID and building prosperity for the future. But the front-end-loaded nature of the expenditure — $101 billion in the next three years — suggests it is much more about crushing the NDP an...

Rudy Mezzetta The federal government will make it easier to qualify for the disability tax credit (DTC) by expanding eligibility in the areas of mental functions and life-sustaining therapy. The proposed changes were outlined in the budget released on Monday. The DTC is a non-refundable tax credit intended to recognize the effect of disability-related costs on the ability to pay tax. For 2021, the value of the DTC is $1,299. A valid DTC certificate is required to access a variety of tax-related...