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tax credits canada

While most Canadians stick to the basics when filing their annual tax return, the Canada Revenue Agency (CRA) allows for a surprising number of unusual (but totally legal) deductions — if you know where to look.

After giving MTL Blog the lowdown on the most bizarre federal tax deductions to claim on your personal income tax return in 2023, H&R Block spokesperson Yannick Lemay has confirmed an updated list of this year's weirdest and most surprising deductions for the 2024 tax season.

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The Quebec government's new budget for 2025-2026 is bringing some big changes that could hit many parents' wallets.

On March 25, Finance Minister Eric Girard announced the province's new budget, which includes a historic deficit of $13.6 billion — and some cutbacks to the childcare tax credit are part of the plan.

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November is on its way, which means a fresh wave of federal government benefits and credits are rolling out for Canadians, including many that apply to residents of Quebec. If you're eligible, these CRA payments from the Government of Canada could offer a handy financial boost to wrap up the year, covering everything from raising children to key pension payments.

Among the November 2024 benefit payments are the Canada Child Benefit, Old Age Security and more. Each one offers different support amounts and payment schedules, giving Canadians a range of options to receive government funds right to their bank accounts.

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October is just around the corner, and with it comes a new round of federal government benefits and credits that Quebec residents could be eligible for. This month brings fresh opportunities to receive financial assistance from the Government of Canada through various programs and payments.

From tax credits to pension payments, you might be eligible to receive thousands of dollars from the government this month. Some of the key payments going out this month include Old Age Security, the Canada Child Benefit and the GST/HST Credit, along with several others.

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If you're preparing to welcome a little one this year, you might also be wondering about financial support for your growing family.

The Canada Child Benefit (CCB) is a federal tax credit program designed to help Canadian families with the costs of raising children.

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With the 2024 tax season underway in Canada (the deadline is April 30, guys... get on it), you may be stressing about whether you'll be getting a refund or wind up having to pay the government big bucks this year — and much of that is dependent on how you file your tax return.

You don't have to be an accountant — or even good with money — to know that the more deductions and credits you can claim, the better for your bank account.

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With tax season well underway, it's important to brush up on any Government of Canada benefits and credits you could be eligible for when filing, so you can get your hands on some extra cash and/or offset Canada's current high cost of living.

This upcoming April, the Canada Revenue Agency will be sending out its second GST/HST payment and Canadian residents could receive up to $650 through this tax-free credit.

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Canadians are feeling the wrath of the economy more now and considering the rise in cost of living, whether it be a hike in grocery prices, rent in Montreal or the price of day-to-day necessities, spreading out a paycheck has become drastically more difficult for individuals and families, especially those with lower-incomes.

For residents of Quebec looking for extra money or ways to supplement inflation, the Quebec government offers several benefits and credits throughout December that could put you in a better spot financially. It's recommended you verify your eligibility for various government programs, as qualifying for these initiatives can earn you hundreds of dollars more this winter season.

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The current state of the economy has many Canadians feeling financially strained. The rising cost of living including groceries, rent and day-to-day necessities has skyrocketed exponentially, leaving many families across Canada, especially low-income families, struggling to make ends meet.

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.

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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.

The Government of Canada is offering a variety of benefits and credits to eligible Canadians this winter season, which can provide necessary financial assistance in the face of rising living costs, particularly for low-income residents.

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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.

A range of provincial and federal benefits and credits are set to go out as soon as October 2023. These financial programs whether recurring annually or as one-time payments, can offer necessary support for low-income households.

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The Government of Canada has a number of benefits, payments and credits that will be sent out to eligible Canadians in October 2023.

For Canadians struggling with the rising cost of groceries, rent and just about everything else, it's best to double-check your eligibility for a number of federal programs since you could be paid out hundreds of dollars throughout the month.

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