6 h. ago Payments of these benefits may be delayed if you don't file your taxes on time

Regularly employed Canadians have one day left to file their taxes in Canada by the April 30 deadline.According to a survey from H&R Block, 22 per cent of Canadians have yet to file their tax return.More than half (58 per cent) of those yet to file say they plan to file before the deadline, but haven’t gotten around to it yet, and 12 per cent say it's because they have yet to receive some documents they need.If you've been slacking, now's the time to catch up so that you don't miss out on any immediate benefit and credit payments, or incur any penalties.We spoke with H&R Block tax expert Yannick Lemay about what could happen if you file your taxes late in Canada.Late benefit and credit paymentsLemay says there are a lot of credits in the last few years, both from the federal and provincial governments, that are being paid outside of the tax return."That means in order to receive them, you need to have filed your tax return," he explained....

Economics

4 d. ago MANDEL: Ontario must cover U.S. surgery for trans patient who wants a vagina — and to keep her penis

Behold your tax dollars at work. OHIP has been ordered, for the third time, to pay for an out-of-country surgery for an Ontario trans, nonbinary patient who wants to keep the P while she gets the V. The provincial insurer argued that vaginoplasty is a listed, insured gender-affirming service — but only if it came […]

Science

4 d. ago What Trump told Time magazine about tariffs, taxes and the rule of law

Trump's insistence that his comments about Canada are 'not trolling' was far from the only moment that stood out from the wide-ranging interview.

Economics

5 d. ago Here's when Canadians can cash in on the next government payouts in May

Eligible Canadians can expect money from the government this month through various Government of Canada benefits and credits.According to Statistics Canada, the country's inflation rate rose to 2.3 per cent in March, slightly lower than the 2.6 per cent increase seen in February.Despite a slightly lower inflation rate, life in Canada remains expensive, and unemployment is rising.In March, the cost of housing increased by 3.9 per cent, while transportation costs rose by 1.2 per cent. Food purchased from stores continues to become more expensive, with prices increasing by 3.2 per cent.As the cost of living remains high, it's worth checking to see which government benefits you may qualify for. Ensure that your direct deposit is enabled, as you look forward to the following benefits, if you meet the criteria:Canada Child Benefit (CCB) — May 20Eligible families in Canada can expect their monthly Canada Child Benefit (CCB) payment on May 20. In July 2024, with the ...

Politics

6 d. ago Lyft to Start Dispatching Taxis for First Time to Cut Wait Times

Lyft Inc. will begin dispatching standard taxis to some US riders starting next month in a first as it expands its features to compete with much-larger rival Uber Technologies Inc.

Economics

2 w. ago Can’t pay your tax bill? File your return on time and don’t panic, experts say

OTTAWA — For many Canadians, filing their taxes often means a refund, but for some, tax time can mean a bill that’s unexpected or more than anticipated. If that’s you and you don’t have the cash on hand to pay the bill, tax experts say not to panic. Ottawa-based accountant Marlene L. Grant says you […]

Economics

3 w. ago 'Richer, stronger, safer': Poilievre rallies Tory troops at industrial hub south of Edmonton Monday night

"Ten years ago, inflation was rock bottom. So were interest rates. Taxes were falling faster than any time in our history."

Other

3 w. ago Avicanna Announces Receipt of Management Cease Trade Order and Provides Bi

Auditor Licensing & Personnel Issues Delays Issuance of Audit OpinionThe Company expects to file within 1 week TORONTO, April 07, 2025 (GLOBE NEWSWIRE) — Avicanna Inc. (“Avicanna” or “Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a biopharmaceutical company focused on the development, manufacturing, and commercialization of plant-derived cannabinoid-based products, that further to its March 31, […]

Economics

3 w. ago Canadians can expect April tax benefit payments earlier than usual

Eligible families can expect to get Canada's child tax benefit a little earlier this month.The monthly Canada Child Benefit (CCB) payment usually comes on the 20th of each month unless it lands on a weekend or statutory holiday.April 20 is a Saturday, and April 18 is Good Friday, so parents will get CCB deposits three days early on the 17th.The Canadian government increased the child tax payments by 4.7 per cent in July 2024, which was the beginning of the new benefit year. The maximum benefit for children under six increased by $350, from $7,437 to $7,787. For children aged six to 17, it increased by $295, from $6,275 to $6,570.Families can look forward to another increase in the child tax benefit payment in July 2025, but it will not be as big as last year's raise.The Canada Revenue Agency (CRA) says parents can expect a 2.7 per cent bump, bringing the annual base benefit for children under six from $7,787 to $7,997 ($666 monthly) and from $6,570 to $6,748 ($562 monthly) for child...

Economics

3 w. ago Lorne Gunter: Smith needs to let Alberta's collective outrage set the autonomy agenda

According to calculations by Vancouver’s Fraser Institute, between 2007 and 2022 Alberta and Albertans sent $245 billion more to the federal government than the federal government sent back to this province in the form of pensions and social payments, unemployment benefits, research grants, health care contributions, affordable housing construction and so on. Some of that […]

Events

4 w. ago Ontario residents will get payments from the government next week

Good news for people living in Ontario: your monthly Ontario Trillium Benefit (OTB) payment will arrive soon.Many residents will see an OTB deposit in their accounts in just over a week, on April 10.This benefit is usually paid out on the 10th of each month unless there's a bank holiday or weekend, in which case, payments are issued on the last working day before the 10th.Ontario Trillium Benefit: Are you eligible?The OTB is a tax-free mix of three payments: the Ontario Energy and Property Tax Credit, the Northern Ontario Energy Credit, and the Ontario Sales Tax Credit.You should be eligible for at least one of the three of the aforementioned credits to receive money.For the Ontario Energy and Property Tax Credit, you could get a maximum of $1,248 if you are between 18 and 64 years old, $1,421 if you are 65 or older, $277 if you live on a reserve or in a public long-term care home, and $25 for the time you lived in a designated college, university, or private school residence in 202...

Politics

4 w. ago B.C. facing future without consumer carbon tax for 1st time in 17 years

British Columbians are facing a future without a consumer carbon tax for the first time in 17 years, after the early-morning approval of a bill to end the long-standing policy. 

Economics

4 w. ago B.C. ends its carbon tax on consumers after marathon debate in legislature

The NDP government fast-tracked legislation in an effort to kill off the tax on Monday, in time to coincide with today's demise of the federal version of the tax, but it was 1:30 a.m. before it finally passed its third reading in the legislature.

Economics

4 w. ago Avicanna Announces Late Filing of Financial Statements and Application for Management Cease Trade Order

Auditor Licensing & Personnel Issues Delays Issuance of Audit OpinionThe Company expects to file within 2 weeks TORONTO, March 31, 2025 (GLOBE NEWSWIRE) — Avicanna Inc. (“Avicanna” or “Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a biopharmaceutical company focused on the development, manufacturing, and commercialization of plant-derived cannabinoid-based products, announces that it will miss the […]

Economics