Climate Action Incentives in Canada

With the cost of inflation many Canadians aren’t able to afford everyday necessities as easily as they used to. There are also extra taxes and fees added to these necessities that make it much more difficult.

How to Make the Most of Your Carbon Tax Rebate in 2025

Fighting climate change and carbon emissions isn’t easy, nor is it cheap. Carbon taxes are an effective tool in the war against climate change and greenhouse gas emissions (such as carbon dioxide), but they do increase the cost of living. To offset this, the federal government and the Canada Revenue Agency are offering rebates to many Canadians, depending on which province you live in. If you’re eligible for provincial carbon tax rebates, getting them might be easier than you think.

Carbon Tax Rebate, Credits, and CAI in Canada

Climate change is a problem that we are seeing become more and more apparent. The more extreme it gets, the more it affects Canadians. The government of Canada has recognized this and taken action in order to combat it. Climate change is difficult to combat though. Because of this, the steps they had to take involved extra taxes. Depending on where you live though, some of these extra taxes that you paid could be given back to you through your federal tax return.

What’s The Ontario Focused Flow-Through Share Tax Credit?

Depending on which province you live in, you can qualify for many different tax credits. In Ontario, one of these tax credits is the Ontario Focused Flow-Through Share Tax Credit. With that in mind, though, not everyone in Ontario will qualify. If you do, then you can file with a paper return or online.

How Long to Get Your 2025 Tax Refund in Canada?

When many Canadians file their annual income tax return every tax year, they end up qualifying for an income tax refund. Once they’ve filed their taxes, they wait for it to process after they submit it before they can receive the cash from the return. That being said, how long does that take exactly? Well, that depends on a variety of factors.

Are Union Dues Tax Deductible in Canada?

In Canada, many employees are part of unions. This is great because unions are meant for employees and are there to enforce fair employment practices and wages. However, those who are part of unions are required to pay union dues.

Is there an Inheritance Tax in Canada?

While the easy answer to this question would be no, it’s not entirely that simple. There is no such thing as an inheritance tax; the money and financial assets you inherit are tax-free. That being said, there are still taxes that need to be paid by the executor when someone passes away. These will be paid before the money is distributed, therefore not directly affecting your inheritance.

13 Family Benefits & Tax Tips Every Canadian Parent Should Know in 2025

There’s no two ways about it: the cost of raising a child in Canada is high whether you have one child, two children or more. So, when tax season rolls around, you want to make sure you’re not paying more than you need to. You want to lower your tax burden and maximize your potential return. Luckily, the Canada Revenue Agency offers tax relief and a variety of family benefits paid throughout the year so parents can make their hard-earned dollars go further.

Canada Tax Changes You Should Know About in 2025

With tax season upon us, it’s important to be aware of all tax changes added to help make filing your taxes simpler and to help you get the largest refund possible from the Federal Government. For 2025, there have been a number of changes that have come into effect and have a key role when it comes to filing your taxes, so you should be aware to verify you have everything you need to file.

Do you have Uncashed CRA Cheques? Here’s What to Do With Them

You might be surprised to learn this, but according to the Canada Revenue Agency, there are over  9 million uncashed cheques valued at over $1.4 billion from the federal government since the CRA launched this initiative.

Overview of T4 Slips in Canada

If you’re employed in Canada, chances are you’ve received a T4 slip before. These slips are given yearly for tax purposes to break down how much you’ve made when you file your annual income tax return.

Is there VAT in Canada?

When it comes to taxes, there are plenty that we pay in Canada. To just mention a few: property taxes, income tax and sales tax. On most items that you sell, purchase or earn, there is tax involved. That being said, these taxes don’t only occur in Canada, but all over the world.