Amidst rising inflation and economic uncertainty, the Canada Revenue Agency (CRA) has officially confirmed the enhanced Canada Workers Benefit (CWB) for 2025. Low-income workers can now receive up to $1,428 per quarter, totaling $5,712 annually through automatic quarterly payments. This tax-free support is a major lifeline for millions of working Canadians struggling to manage basic Continue reading
Canada Workers Benefit
CRA Confirms $5,712 Canada Workers Benefit For 2025 – Eligibility, Payment Dates & Key Details
The Canada Revenue Agency (CRA) has confirmed that eligible low- and moderate-income workers in Canada could receive up to $5,712 in Canada Workers Benefit (CWB) payments during the 2025 tax year. Designed to encourage workforce participation and ease financial burdens, the Canada Workers Benefit is a refundable tax credit that can be claimed annually or through advance quarterly payments. With the rising cost Continue reading