The Government of Canada is extending a variety of federal benefits and credits to eligible Canadians in February of 2024, which can provide necessary financial assistance amidst rising living costs across Canada, particularly for low-income residents.
Amidst the rising costs, the Government of Canada has a lineup of federal benefits and credits to lend a helping hand. From the Canada Pension Plan and Old Age Security pension to the Goods and Services Tax/Harmonized Sales Tax credit, Canada Child Benefit, and the Ontario Trillium Benefit, these programs aim to provide some financial breathing room for individuals and families grappling with the economic pinch.
Amidst the rising costs, the Government of Canada has a lineup of federal benefits and credits to lend a helping hand. From the Canada Pension Plan and Old Age Security pension to the Goods and Services Tax/Harmonized Sales Tax credit, Canada Child Benefit, and the Ontario Trillium Benefit, these programs aim to provide some financial breathing room for individuals and families grappling with the economic pinch.
For Canadians struggling amidst the rising cost of rent, grocery prices and day-to-day necessities, a handful of government benefits and credits are available in 2024. It's recommended that Canadians verify their eligibility as they could be entitled to thousands of dollars next year.
For those seeking extra income or financial aid, there are loads of federal and provincial benefits and credits going out this December 2023. It is important to confirm your qualification for various federal and provincial programs, as you might be eligible to receive financial assistance through government credits and benefits this December.