The surging cost of living in Canada has placed a significant burden on residents, impacting expenses like groceries, rent, and everyday necessities. To address the financial challenges faced by Quebecers, especially those with lower incomes, both federal and provincial governments are extending a range of benefits and credits this winter season.
The surging cost of living in Canada has placed a significant burden on residents, impacting expenses like groceries, rent, and everyday necessities. To address the financial challenges faced by Quebecers, especially those with lower incomes, both federal and provincial governments are extending a range of benefits and credits this winter season.
The cost of living in Canada has increased exponentially and Canadians are feeling it when it comes to the price of groceries, rent and day-to-day necessities. For those looking for ways to cut costs or earn extra income, both federal and provincial governments offer a wide range of benefits and credits.
A number of provincial benefits and credits are scheduled to be distributed throughout November 2023 These financial programs, which include the Quebec Pension Plan (QPP), Solidarity Tax Credit and other public-sector pension plans, among others, can recur both annually or serve as one-time payments. Nevertheless, these Quebec credits and benefits can provide essential support, particularly for low-income households.
It's essential to verify your eligibility for these federal programs, as you may be entitled to receive substantial financial support via federal credits and benefits throughout the month. A few of the federal credits in Canada include the Canada Pension Plan (CPP), Old Age Security, Canada Child Benefit (CCB), and Ontario Trillium Benefit (OTB), to name a few, all of which are being paid out this November.