Canada Revenue Agency(CRA) to Cut 450 Jobs in March

Canada Revenue Agency to Cut 450 Jobs in March

The Canada Revenue Agency (CRA) recently notified 450 of its temporary employees that their contracts will not be extended beyond March. This news comes as part of the agency’s ongoing effort to ensure sustainable operations while aligning with the Canadian government’s priorities. Etienne Biram, a spokesperson for CRA, confirmed that the agency routinely assesses its … Read more

Is The CRA Really Issuing A $2,700 Payment For Seniors In March 2025?

Is The CRA Really Issuing A $2,700 Payment For Seniors In March 2025?

The claim that Canadian seniors will receive a one-time $2,700 payment in March 2025 is false. While the government provides financial aid through Old Age Security (OAS), the Guaranteed Income Supplement (GIS), and the Canada Pension Plan (CPP), there has been no announcement regarding a lump-sum payment of this amount. Key Facts at a Glance … Read more

Canada Student Tax Credits for 2025: What to Expect Under the New Prime Minister

Canada Student Tax Credits for 2025: What to Expect Under the New Prime Minister

The Canadian tax system offers various tax credits and deductions to ease the financial burden on students. With changes implemented in 2025 under the new Canadian Prime Minister, staying informed about available benefits is crucial. Taking advantage of these credits can help reduce student loans, lower educational expenses, and save money. This guide outlines all … Read more