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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.
Tax season is frustrating and inevitable, like piles of snow on the street or your weird relative oversharing at a holiday dinner. On the bright side of all the bureaucracy is the potential to earn a little windfall from the government, depending on your employment status and income, among other things. The Canada Worker's Benefit (CWB) is one such windfall, offering up to $1,428 to eligible individuals and $2,461 to eligible families. Let's take a look at this credit, how you can secure it, and what the Canada Revenue Agency (CRA) does to determine how much you'll get.