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Grocery Rebate As announced as part of Budget 2023, the Government of Canada introduced a Grocery Rebate to provide financial support to eligible Canadians. This Rebate is scheduled to be issued on July 5, 2023, alongside the next quarterly GST/HST credit payment. The Grocery Rebate will be equivalent to double the Read more
Introduction: In today’s competitive business landscape, maintaining a healthy credit score is crucial for the success and growth of any company. Just as individuals have personal credit scores, businesses too have their own credit scores that reflect their creditworthiness and financial stability. In Canada, understanding and managing your business credit Read more
The Type of Business That Is Most Likely to Receive a CRA Audit The first thing you must be aware of is that if you own a small business, the CRA will be watching you closely. According to the Canada Revenue Agency Annual Report, 54% of the CRA’s resources are directed Read more
The Canadian government is rolling out a one-time payment of $500 to eligible lower-income renters struggling to afford housing. The program’s application portal opened on Monday and will remain open until March 31, 2023. Promised as part of an NDP-backed Liberal affordability plan, a bill became law last month that Read more
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