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Benefits & Credits 112

Parent filling out tax forms at a kitchen table with a child nearby $2,200 Per Child: How the Now-Permanent Child Tax Credit Works Under the OBBBA Child Tax Credit 2026 $2,200 Amount & Schedule 8812: Full Guide (7 Things to Know) Watch the 60-second summary on YouTube → If you’re a parent getting ready for tax… Comments 0 2026.07.13
young couple reviewing FHSA savings plan for their first home Is Canada’s FHSA the Best Way to Save for a First Home in 2026? Watch the 60-second summary on YouTube → Saving for a first home in Canada is harder than it used to be, but the First Home Savings Account (FHSA) is one… Comments 0 2026.07.12
Hourly worker checking retirement savings account on phone $1,000 Retirement Match Coming in 2027: How the New Saver’s Match Works If you’re a lower- or moderate-income worker trying to save for retirement, there’s a big change coming to how the federal government helps you do it. Starting with contributions made… Comments 0 2026.07.12
Senior couple reviewing 2026 tax documents at home Claim the New $6,000 Senior Tax Deduction on Schedule 1-A Before You File The new OBBBA senior bonus deduction lets taxpayers 65+ deduct an extra $6,000 ($12,000 married) through 2028 — here’s who qualifies, the income phase-out, and how to claim it on… Comments 0 2026.07.12
person signing loan paperwork at a car dealership $10,000: The New Car Loan Tax Deduction Most Buyers Don’t Know About Watch the 60-second summary on YouTube → If you financed a new car in 2025 or plan to buy one before 2028, you may be able to deduct thousands of… Comments 0 2026.07.12
person reviewing a grocery receipt with a shopping basket, representing rising essentials costs Your GST/HST Credit Is Gone: What the New Canada Groceries and Essentials Benefit Pays Instead Watch the 60-second summary on YouTube → If your GST/HST credit deposit didn’t show up this July, that’s not a mistake — it’s because it’s gone, replaced by a bigger… Comments 0 2026.07.12
parent completing paperwork for a newborn savings account Got a Baby in 2025? Here’s How to Claim Their $1,000 Trump Account Watch the 60-second summary on YouTube → If you had a baby in 2025 or plan to before the end of 2028, the federal government may already owe your child… Comments 0 2026.07.12
Adult patient at a dental checkup covered by the Canadian Dental Care Plan 2026 Canadian Dental Care Plan 2026: Full Eligibility and Application Guide The Canadian Dental Care Plan expanded in 2026 to cover all eligible adults - here's who qualifies, the income-based co-pay tiers, and how to apply or renew. Comments 0 2026.07.11
Server counting tips eligible for the new no tax on tips deduction in 2026 Claim ‘No Tax on Tips’ and ‘No Tax on Overtime’ Before These Temporary Breaks Expire in 2028 The new federal 'no tax on tips' and 'no tax on overtime' deductions can save eligible workers thousands starting with the 2025 tax year - here's who qualifies and how… Comments 0 2026.07.11
Person with a disability checking Canada Disability Benefit eligibility online Up to $204.20 a Month, Plus a $150 Supplement: How to Apply for Canada’s Disability Benefit A step-by-step 2026 guide to applying for the Canada Disability Benefit, including eligibility rules, required documents, and payment amounts. Comments 0 2026.07.11