Working Canadians’ Rebate

On November 21, 2024, CRA also announced another measure, the Working Canadians Rebate. It appears that all eligible Canadians will receive $250. An eligible Canadian is a Canadian who worked in 2023 and earned up to $150,000 individual net income that also meets the...

CRA Announces Pause on GST/HST

On November 21, 2024, CRA announced a “pause” on GST/HST on select items from December 14, 2024 through February 15, 2024 to help make the holidays more affordable. Items include all groceries including prepared meals, restaurant meals, liquor,...

Canada Carbon Rebate for CCPCs

As first introduced in the 2024 Federal Budget, the Canada Carbon Rebate offers eligible Canadian-Controlled Private Corporations (CCPCs) with up to 499 employees a refundable tax credit. This rebate aims to offset the costs associated with the federal fuel charge...