Experts urge early tax-loss selling to maximise deductions
Recent market volatility means many Canadian investors are holding investments at a loss in their taxable investment accounts. These “paper losses” present a significant opportunity:
Canadians face 2025 tax shifts, higher CPP, CRA goes digital
In 2025, significant changes prompted Canadians to make major adjustments, from finances to how they check CRA letters. To start with, Canada Pension Plan (CPP)
Canadian Benefit Payments coming up in October 2025
October is a busy month for Canadian benefit payments, with multiple programs scheduled to issue support throughout the month. Knowing your Canadian benefit payment dates
CRA targets non-filers with steep UHT penalties
As a Canadian, you must have heard about the Underused Housing Tax (UHT). This federal tax caught countless property owners off guard. With the final
CRA services shutting down temporarily from August 29, 2025
The CRA has announced a planned CRA services shutdown for its EFILE service as well as other online portals. This major tax filing outage is
August federal payments boost: CCB, OAS, & CPP arriving!
Three federal financial supports are coming your way this month, and it couldn’t have been more timely, as the school year reopens this early September.
CRA goes paperless! Check your settings and avoid penalty
CRA’s paperless system is now official. From July 3, 2025, the government has started sending emails directly to your secure online portal instead of paper
Canada Child Benefit: How Much You Can Get in 2025
Raising a family is an incredibly rewarding journey. But in Canada, it does get quite expensive. Between childcare, school supplies, and the ever-growing grocery bill,
Canada Pension Plan: What It Is & How It Works
One of the most important pillars of your future financial security is the Canada Pension Plan (CPP). This program provides you with steady income when
Could a trade war trigger Canada’s next recession?
Canada’s economy is heading into rough waters once again. A new report from Oxford Economics warns that ongoing trade disputes could tip the Canadian economy
Your federal tax cut is here! But what does it mean for your tax credits?
Good news, Canada! As of July 1 the highly anticipated federal tax cut has taken effect. The lowest federal personal income tax rate has dropped
$0 tax on Canada Carbon Rebate for small businesses – File by July 15, 2025
The Government of Canada has officially confirmed that all final Carbon rebates for small businesses are tax-free. However, the last CCR payments are only non-taxable
July 2025 Canadian benefit payments: Key dates & what to expect
July is just around the corner. And for many Canadians, that means crucial financial support is on its way! The Canada Revenue Agency (CRA) is
Relief for Canadians with disabilities starting July (up to $200 monthly)
A new federal benefit for working-aged people with disabilities, the Canada Disability Benefit (CDB), will issue the first payments this July 17. The amount may
Ontario Trillium Benefit (OTB): Payment Dates & Eligibility 2025
The Ontario Trillium Benefit, often referred to as OTB, helps eligible Ontarians with the cost of energy, property tax, and sales tax. Not all Ontario
Canadian key tax deadlines & benefits in June 2025
Several tax filing deadlines and benefit payment dates are impending this month. Mark your calendars for the following dates: June 10, 2025 – Ontario Trillium
Canadian Citizen Working in US Taxes? Here’s All You Need to Know
Are you a Canadian resident with US income? Whether through employment, rental, property sale, or any kind of business, there is a great chance you
New federal tax rates for Canadians starting July 1
On May 14, 2025, the Department of Finance Canada announced a reduction in the lowest federal personal income tax rate. This tax cut is expected
Canada Tax Brackets 2025: Your Guide to Income Tax Rates
Tax season might not be the most exciting time of year. But understanding where your income falls in the Canada Tax Brackets for 2025 can
Why Didn’t I Get My Carbon Tax Rebate?
The final payment for the Carbon tax rebate supposedly started on April 22, but many people kept checking their bank accounts only to find it
How to Get Notice of Assessment in Canada
The Notice of Assessment (NOA) is the official summary from the Canada Revenue Agency (CRA) about your tax return. For every Canadian taxpayer, the NOA