News

This summer, plan a vacation in Canada! From June 20 to September 2, enjoy free or discounted admission to some of the country’s most iconic places. The Canada Strong Pass lets you explore the ...
Peterborough’s public transit capacity is growing with the construction of a new 10,500-square metre transit garage and maintenance facility, following a combined investment of almost $42.9 million ...
RC727 Designate an Excess FHSA Amount as a Withdrawal from your FHSA or as a Transfer to your RRSP or RRIF ...
Health Canada technical document related to the quality of drinking water in Canada ...
Generally, you have to report business income using the accrual method of accounting. Farmers, fishers, and self-employed commission agents can use the cash method or the accrual method to report ...
Update on the taxability of the Canada Carbon Rebate for Small Businesses Businesses can choose not to include the rebate in taxable income when filing their T2 Corporation Income Tax Return for the ...
Excise taxesExcise taxes are charged on: fuel-inefficient vehicles automobile air conditioners certain petroleum products The Excise Tax Act sets out the excise tax rate for each of these goods. When ...
If you receive federal benefits, including some provincial/territorial benefits, you will receive payment on these dates. If you set up direct deposit, payments will be deposited in your account on ...
The CWB is a refundable tax credit that supplements the earnings of low- and modest-income workers. This benefit has two parts: a basic amount and a disability supplement. To find out if you can claim ...
Disability benefits Includes the Canada Disability Benefit, disability pensions and children’s benefits, savings plans and a gasoline tax refund program.
Making withdrawals Depending on the type of investment held in your TFSA, you can generally withdraw any amount from the TFSA at any time. Withdrawing funds from your TFSA does not reduce the total ...
If you received the old age security (OAS) pension from Employment and Social Development Canada during 2024, you will receive a T4A (OAS) slip. The net amount of any spouse's allowance and guaranteed ...