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The Government of Canada is extending a handful of federal benefits and credits to eligible Canadians throughout 2024 — the Canada Workers Benefit (CWB) included.
Amidst the escalating economic challenges, the Government of Canada offers a range of federal benefits and credits to provide support, particularly for families facing financial strain. The Canada Workers Benefit (CWB) stands as a refundable tax credit designed to assist individuals and families with low incomes who are actively employed.
On November 4, the Government of Canada unveiled proposed changes to the Canada Workers Benefit (CWB) as part of its 2022 Fall Economic Statement. The measure would mean eligible single Canadians and families receive their CWB payments in advance of the regular payment dates.