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4 Benefits & Tax Credits That Could Get You Some Extra $$$ In 2023

There are several federal and provincial benefits and tax credits in Canada that give middle and low-income residents a bit of a financial boost. Many you don't even need to apply for they're just based on your income tax returns and processed automatically. Others may require you to submit an application. Here are three federal measures and one provincial measure that could add up to some serious bucks for eligible individuals. ....

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Changes To The Canada Workers Benefit Would Mean Eligible Canadians Get Up To $1,400 Sooner

On November 4, the Government of Canada unveiled proposed changes to the Canada Workers Benefit (CWB) as part of its 2022 Fall Economic Statement. The measure would mean eligible single Canadians and families receive their CWB payments in advance of the regular payment dates. ....

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The Canada Workers Benefit Will Give Eligible Canadians Up To $2,400 — Here's What To Know

The federal government updated the Canada Workers Benefit (CWB) back in 2021 and today, over three million Canadians are now eligible for the refundable tax credit. The Canada Workers Benefit has been set in place to help supplement the earnings of low-income Canadians. For Canadian families who are eligible, you could receive up to $2,400, whereas single individuals who qualify can expect a maximum amount of $1,400. ....

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The Canada Workers Benefit Will Give Eligible Canadians Up To $2,400 — Here's How It Works

The federal government updated the Canada Workers Benefit (CWB) back in 2021 and today, over three million Canadians are now eligible for the refundable tax credit. The Canada Workers Benefit has been set in place to help supplement the earnings of low-income Canadians. For Canadian families who are eligible, you could receive up to $2,400, whereas single individuals who qualify can expect a maximum amount of $1,400. ....

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