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Considering the cost of living has reached new heights across Canada, it's no surprise that many Canadians, particularly low-income Canadians, are looking for ways to supplement inflation. Luckily, the Quebec government (and Canada Revenue Agency) offers a slew of benefits for Quebecers in need.
With spring in full force comes a slew of Government of Canada benefits and credits, and with inflation at all-time highs and the cost of living in Canada reaching new heights, many Canadians are looking for ways to save or earn more income. The federal government has several financial programs to help low-income Canadian families, residents with disabilities and/or Canadians who require extra financial aid due to age, employment status or who are newcomers.
With May around the corner comes a slew of government benefits and credits available to Canadians. It's important to verify if you are eligible to receive certain benefits and credits as you may be entitled to hundreds of dollars next month. A few benefits and credits include the Canada Pension Plan, Canada Child Benefit, the Ontario Trillium Benefit, and Old Age Security, to name a few.
This upcoming April, the Canada Revenue Agency will be sending out its second GST/HST payment and Canadian residents could receive up to $650 through this tax-free credit.
The Government of Canada, as well as several provincial government programs, have a slew of benefits and credits that could offer financial assistance.