Tag Archives: Financial Literacy Program

#FinancialFridays: The Canada Recovery Benefit (CRB) will expire October 23rd and will be replaced by the Canada Worker Lockdown Benefit.

The Canada Recovery Benefit (CRB) will expire on October 23rd and will be replaced by a new targeted benefit known as the Canada Worker Lockdown Benefit that will run until May 7, 2022 (retroactive to October 24, 2021).The “Lockdown Benefit” will be for those whose work is directly impacted by

#FinancialFridays: 250 people have accessed our Financial Literacy Program. We are here for you.

Our Financial Literacy Program relaunched in June 2020 and this week marked the 250th person accessing the program. 62% of those who accessed the program completed a budget with our Financial Literacy Program Coordinator. A budget is an important tool for understanding your current financial situation and making a plan

#FinancialFridays: Are you 65 years or older? You may qualify for the Canada Guaranteed Income Supplement.

Have you heard about the Guaranteed Income Supplement (GIS)? The GIS is a federal monthly payment which is based on income and is available to low-income Old Age Security pensioners. It is not taxable. You may qualify if… You are a senior 65 years or older. You receive the Old

Receive Covid-19 government benefits? Your 2020 personal taxes may be affected.

How do the COVID-19 benefits impact your income tax return? If you received the Canada Emergency Response Benefit (CERB), Canada Emergency Student Benefit (CESB), Canada Recovery Benefit (CRB), Canada Recovery Sickness Benefit (CRSB), or Canada Recovery Caregiving Benefit (CRCB) payments, these are considered taxable income, and you will have to

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