Sophie Wilson

The Canada Pension Plan (CPP) Survivor Benefits provide financial support to the loved ones of a deceased CPP contributor. These benefits are crucial for easing the financial burden during a difficult time. Understanding who is entitled to these benefits and how long they will be received is essential for those navigating the aftermath of a Continue reading

When discussing income levels in Canada, you’ll often hear two terms: average income and median income. While they both provide insights into financial situations, they represent different aspects of the data. Average Income Median Income Why the Difference Matters Understanding Income Distribution in Canada Calculating Average and Median Income To calculate average income, simply add Continue reading

If you’re starting a business in Canada or expanding an existing one, you may need to register for a Goods and Services Tax (GST) or Harmonized Sales Tax (HST) number. This article will guide you through the process of obtaining a GST/HST number, ensuring your business complies with Canadian tax regulations. Why You Need a Continue reading

The Goods and Services Tax (GST) is a federal tax levied on most goods and services in Canada. Introduced in 1991, this value-added tax is designed to ensure that the tax burden is distributed across various stages of production and consumption. Here’s a comprehensive overview of the GST, including its purpose, how it works, and Continue reading

The Alberta Child and Family Benefit (ACFB) has increased, and the next payment will be sent to eligible families on Nov 27, 2024. This benefit is a vital support system designed to assist low- and middle-income families in Alberta through four quarterly payments. Increased ACFB Payment Amounts Understanding the ACFB The ACFB combines the former Continue reading