The Federal Government has announced that they are moving up the timeline to repay clawbacks for low-income seniors. These benefits will be distributed to low-income seniors who saw their income top-ups reduced because they received emergency pandemic aid. Payments may flow sooner for those in dire need. The federal government
Do you receive the Guaranteed Income Supplement, Allowance or Allowance for the Survivor Benefit? If so, Employment and Social Development Canada and Service Canada has an important reminder for you. During the week of October 5, 2020, Service Canada sent reminder letters and Statement of Income forms to clients in
Has debt got you down? If so, you’re not alone. Right now in Canada, the debt crisis is skyrocketing with Canadians owing nearly $2 trillion! Debt can cause a huge amount of stress that ultimately can affect one’s physical and mental health, relationships with family and friends, job performance and
The Covid-19 pandemic has been tough on the finances of many. If you are looking for budgeting ideas to help get you through these unprecedented times, we have a workshop just for you. On August 24th at 10 am, our Financial Literacy Program Coordinator Caroline Araujo Abbotts will be co-hosting
Are you receiving financial support from the Ontario Disability Support Program (ODSP)? Have you also received the Canada Emergency Response Benefit (CERB)? If so, CERB payments can affect your ODSP payment the month after any month in which you received the CERB. Income from CERB is treated similarly to how
If you are one of the many Canadians who received payments from the Canada Emergency Response Benefit (CERB), you may want to prepare for a harsh reality come tax time. Tax experts are warning that many could be in for a shock. Depending on your yearly income, there is a
During this uncertain time, our Financial Literacy Program Coordinator Caroline Araujo Abbotts reminds us not to wait to to look at our budget and finances. Newmarket Today recently published an article entitled, “Come fall, financial experts expect flood of people with unmanageable debt.” The article highlights that in April there
by: Caroline Araujo Abbotts, Financial Literacy Program Coordinator, United Way of Bruce Grey It is a time of heightened concern and fear. I am nervous about walking down the street and a virus too small to see that may be anywhere. I am worried about the safety of my family’s
