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Grocery Benefit Pays Monday, Oct. 5: What You'll Actually Get — and Who Gets $0

  The second Canada Groceries and Essentials Benefit (CGEB) payment lands Monday, Oct. 5, and it's the last one of 2026. Some households will see $222.50. Others will see nothing. Here's how to tell which group you're in. At a glance Payment date: Monday, Oct. 5, 2026 (tax-free) Maximum per payment: $169.75 single, $222.50 couple, plus $58.50 per child under 19 Based on: your 2025 tax return Next payments: January and April 2027 Check which number you're reading: yearly or per payment A lot of coverage this week quotes $679 for singles and $890 for couples. Those are the yearly maximums for the July 2026 to June 2027 benefit year, paid in four quarterly instalments. What arrives Monday is one quarter of that. Household Max per year Max per payment Single, no children $679 $169.75 Married or common-law $890 $222.50 Each child under 19 (added on) $234 $58.50 First child in a single-parent family $445 $111.25 Most households get less than the maximum The CGEB is incom...
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What’s New in 2024 Tax Filing: Key Changes and Tips

 

As the tax season kicks off, Canadians are gearing up to file their 2023 income taxes. Whether you’re a seasoned filer or a first-timer, here’s what you need to know for the 2024 tax-filing season:

Important Dates

  • February 19, 2024: The Canada Revenue Agency (CRA) opens its portal for online tax filing. If you prefer paper filing, expect your income tax package in the mail by this date.
  • April 30, 2024: This is the deadline for most Canadians to file their tax return. Filing on time ensures timely processing of refunds, benefits, and credits.
  • June 15, 2024: Self-employed individuals (and their spouses or common-law partners) have until this date to file their returns. If you owe money to the CRA, remember to pay by April 30, 2024, to avoid interest.

What’s New?

  1. Digital Disability Tax Credit (DTC) Application Form:

    • The CRA now offers a fully digital application process for the DTC. Persons with disabilities and their medical practitioners can complete Part A of the application form online in My Account or by phone. No more printing and manual completion!
    • The applicant’s portion of the form is prepopulated with information already on file at the CRA. Once done, applicants receive a reference number for their medical practitioner to complete Part B.

  2. Changes to the T1 Notice of Assessment:

    • The T1 notice of assessment and notice of reassessment now provide clearer and more comprehensive information.
    • If you’re expecting a refund and haven’t signed up for direct deposit, you’ll receive a paper T1 notice of assessment and a separate cheque.

Remember, timely filing ensures you receive the benefit and credit payments you’re entitled to. 


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