The Canada Revenue Agency (CRA) has confirmed a major financial update: eligible low-income workers across Canada could receive up to $2,739 in benefits under the Canada Workers Benefit (CWB) on July 30, 2025. This payment aims to assist individuals and families struggling with high inflation, rising rent, and everyday expenses. Let’s break down the benefit details, eligibility rules, and how to ensure you receive Continue reading
refundable tax credit
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