Do you have to Pay Back CRB Payments?

In 2020, like many other Canadians, you may have received Canada Recovery Benefit (CRB) payments. These payments were given as income support to those who applied for it due to losing their jobs or being unable to work due to COVID-19.

What to do if your SIN is Lost or Stolen

Your social insurance number (SIN) is super important in regards to your identity. It is used to identify yourself to the federal government, receive pay from employment, apply and receive credit lines as well as many other things.

Top Things to Know about a Notice of Assessment in Canada

A notice of assessment is an annual statement of income that you should receive every year as long as you file your annual income tax statement. It basically summarizes what you earned in the previous tax year and helps to prove your income. While for some people a T4 can do the same thing, for someone who is self-employed and doesn’t get a T4, notice of assessment can be essential for things like getting a loan or even a mortgage.