If you’re 60 years or older and you’re living on a fixed income, this video provides valuable information on Federal financial support through the Guaranteed Income Supplement (GIS). Please note that the eligibility criteria for the 2020 tax year has changed since the preparation of this video. Please see cut-off
For those seniors that received the CERB and the Canada Recovery Benefit, many now will not qualify for the Guaranteed Income Supplement (GIS) or may face drastic reductions to their payments. Like employment insurance, the guaranteed income supplement (GIS) is income-tested. That means the previous year’s taxable earnings – including
At the United Way of Bruce Grey, our Backpack Program is in full swing! For over 17 years, our organization has been committed to providing fully stocked backpacks to children of low income families. Thanks to the generosity of our donors, we have distributed over 28,000 backpacks to children in
The Meals To Motel program numbers are in! This program, which was created in late April 2020, provides meals to the homeless who are sheltering in motels and who are not able to access community meal programs. To date, with the support and assistance of local community partners, close to
“Pay yourself first.” This is a mantra that is used to help personal finances.What does it mean? This means putting money away for emergencies. Pick an amount – any amount – and put it in a separate account every month. Make this non-negotiable. You can put it in a regular
Parents and guardians receiving the Canada Child Benefit for children under 6 years old will receive an extra payment on July 30th, 2021. Those with a family net income of $120,000/year or less will receive this supplement. Another payment will occur October 29th, 2021. To find out more about the
School may be out for the summer but it’s also a great time to start saving for your child’s education. Over the next three weeks we are going to talk about government programs and strategies for saving for your child’s post-secondary education including: trade schools, colleges, universities, and other institutions
On June 30th, Chief Lester Anoquot of Chippewas of Saugeen First Nation declared that his community is now in a state of emergency and crisis due to rising cases of Covid-19. It is suspected that the Delta variant is the cause of the infection spread. A mass vaccination clinic is
Would you like to save for your child’s education but struggle to find space on a tight budget? The Canada Learning Bond can help. Many people have heard of the matching program, the Canada Education Savings Grant, but are not aware of the Canada Learning Bond. This program does not
If you have debt and collection agencies are calling constantly, its hard not experience anxiety and stress. Choosing to ignore debt may seem like the right thing to do at the time but left unchecked, your debt could grow and you may experience negative effects on your mental and physical
