With the current surge in inflation, the cost of living is hitting harder than ever for many. It goes without saying that Canadiens are feeling the squeeze as prices everywhere continue to climb. But there are certain financial programs that could make these tough times somewhat easier, especially for those in Quebec.
The Government of Canada has a number of benefits, payments and credits that will be sent out to eligible Canadians in October 2023. A few of the federal credits in Canada include the Canada Child Benefit, Canada Workers Benefit, and the GST/HST credit.
As part of its new Affordability Plan, the federal government has announced changes to the Canada Workers Benefit (CWB), which could impact as many as three million Canadians. On June 16, the Department of Finance confirmed that the benefit would be enhanced in 2022 with new support for low-income individuals and families who are working.