Canadians are worried about what the future holds for their finances because of the high rates of inflation they are currently experiencing and the possibility of a recession. Canada government is now providing eligible taxpayers with an additional one-time GST tax rebate over a six-month period in an effort to help fight inflation and support … Read more
The impact of inflation, a general rise in prices and decline in the buying power of money must be considered while making retirement plans. In other words, as you approach retirement age in next few years, you will want to consider the growing cost of consumer goods and services in Canada. In Canada, the average … Read more
Finding new strategies to save money as a senior becomes increasingly crucial as prices are rising quickly in Canada. Having a little extra cash on hand is always pleasant, even though retirement and Social Security payments might not be sufficient to meet all expenses in this day and age. Using the Senior Discounts for Canada … Read more
Leading hospital Trillium Health Partners is known for its excellent track record of patient care, financial accountability, and success. THP offers the entire spectrum of acute care hospital services in addition to a number of community-based, specialty programs. It is comprised of three primary sites: Credit Valley Hospital, Mississauga Hospital, and Queensway Health Centre. There … Read more
Promoting the best possible dental and oral health for all Canadians is a common objective among dentists across the nation. Increased access to dental treatment for all Canadians is possible because to the historic Canadian Dental treatment Plan (CDCP). A well-executed CDCP has the potential to rank among Canada’s greatest public health accomplishments. The second … Read more
If you see an unidentified notification labelled as Canada FPT Deposit in your bank account then there is nothing to be worried about instead, it is a positive thing. FPT refers to the “Federal-Provincial-Territorial” deposit, provided by the Canadian government on a quarterly or monthly basis. It is a financial transaction code that can be … Read more
Interest rates in Canada vary on different scales. According to the Bank of Canada, the current interest rate in Canada is 7.2%. So if you want to know all the aspects that affect a person for this inflation of interest rate increase then you have to read this entire article till the end. Here I … Read more
This year, people celebrated the royal assent of Bill C-22, as it has created the new Canada Disability Benefit, alongside the CLC and the disability community. Low-income working-age individuals with impairments will get financial support through Disability Benefit 2023-2024 Canada, which is the first of its type at the federal level. However, it is unlikely … Read more
You must be curious on What is the Canada FED deposit in your bank account, and why did you receive it? Canada FED is a payment made by the Canada Revenue Agency (CRA). You applied for a benefit claim or the CRA analyzed your taxes and determined that you were eligible for a tax credit … Read more
When your net yearly income exceeds the CAD 81,761 minimum income level, you may be subject to an Old Age Security (OAS) clawback, often known as the OAS pension recovery tax. Depending on your level of retirement income, the tax may be a little sum or a large amount. It is calculated as 15% of … Read more