Lower-income renters in Canada can now apply for a one-time $500 top-up to the Canada Housing Benefit From: Canada Revenue Agency News...

Seeing a dental care professional is important not only for oral health, but for overall health. In Canada, a third of people do not have...

Extending Credit Support for Businesses The Highly Affected Sectors Credit Availability Program has been providing government-guaranteed,...

Restrictions on gatherings and the closure of venues has meant that tens of thousands of workers in the live performance sector continue...

Millions of Canadians were required to work from home during the pandemic. To help support this transition to working from home, in 2020...

Whether teaching from home or in the classroom, teachers have shown—throughout the pandemic, and always—that they are willing to go above...

Quick facts These measures total more than $4.5 billion in targeted support for the Canadians who need it most, of which $3.1 billion is...

Federal tax brackets in Canada will increase by 2.4% based on inflation. The basic personal amount (the amount of tax-free annual income)...

Cryptocurrencies are commonly acquired in two ways: bought through a cryptocurrency exchange earned through mining Mining involves using...

Generally, if disposing of cryptocurrency is part of a business, the profits you make on the disposition or sale are considered business...

The income you get from disposing of cryptocurrency may be considered business income or a capital gain. In order to report it correctly,...

You may live in a prescribed zone and be eligible to claim these deductions. To find out, visit Line 25500 - Places located in prescribed...

To support teachers and early childhood educators in Canada, the government proposes to expand and enrich the Eligible Educator School...

The definition of zero-emission vehicle has changed for vehicles acquired after March 1, 2020. A vehicle may still qualify as a...

You may be eligible to claim a deduction of up to $500 annually for home office expenses in the 2021 tax year using the temporary flat...

The Government of Canada has announced its intention to deliver the Climate action incentive (CAI) as a quarterly benefit payment. If you...

Last year, Canadians filed almost 31 million income tax and benefit returns. Having the information you need on hand to file your return...

Budget 2021 proposes to amend the Income Tax Regulations to allow issuers of T4A (Statement of Pension, Retirement, Annuity and Other...

Budget 2021 proposes to change the default method of correspondence for businesses that use the CRA’s My Business Account portal to...

Notices of Assessment Budget 2021 proposes to amend the Income Tax Act to provide the CRA with the ability to send certain notices of...