With tax time getting closer and closer, it’s worth keeping in mind that homeowners in Canada may be eligible for several tax credits, benefits, and grants which could help you save money come April 30. Eligibility for these tax-time supports depends on whether you’re new to homeownership, whether you’ve done renovations this year, and whether […]
Tax Credits for Caregivers
In today’s society, more and more people are finding themselves in the role of caregiver for a loved one. Whether it’s an aging parent, a spouse with Alzheimer’s, or a child with special needs, the responsibility can be overwhelming. And if you are also working outside the home to provide for your family, the juggling […]
Federal Carbon Price Rebates to Rising More Than Expected in Ontario, Manitoba
The federal government’s carbon price rebate is set to rise more than expected in Ontario and Manitoba, with some families receiving as much as $2,000 a year. The rebates are part of the government’s plan to price carbon emissions at $20 per tonne starting next year and will incrementally increase until 2022. To make up […]
B.C.’S Latest Tax Incentive for Zero-Emission Vehicles Welcomed, Despite Low Inventory
The government of British Columbia has introduced a new program to incentivize the purchase and use of electric cars in B.C. The program allows vehicle manufacturers to apply for credits based on the number of electric cars they sell or lease in B.C. each year, which will then be applied against their provincial corporate income […]
Best Tax Deductions for Homeowners in Canada
This is the season. Tax season that is. And while the tax return process can be a painful one, it can also be rewarding. If you are a Canadian Homeowner, there are several different tax deductions that you might be able to claim. And we all know, the more deductions, the better! So we’ve created […]
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