Refundable Tax Credit

Canada Workers Benefit 2024: Eligible will get $1,518 to $2,616, Check Eligibility & Payment Dates

by
Canada Workers Benefit 2024: Eligible will get $1,518 to $2,616, Check Eligibility & Payment Dates

The Canada Workers Benefit (CWB) for 2024 offers crucial financial support to low-income workers. Eligible individuals can receive up to $1,518, while families can receive up to $2,616. Payments are distributed quarterly, with advance payments available. Learn more about eligibility criteria, how to apply, and the important payment dates to ensure you receive the maximum benefit. Visit the official CWB page for more details.

Multigenerational Home Renovation Tax Credit renovate a secondary unit for a family member, Check Eligibility & Process

by
Multigenerational Home Renovation Tax Credit

The Multigenerational Home Renovation Tax Credit (MHRTC) offers Canadian families up to $7,500 to create accessible living spaces for senior or disabled family members. Covering 15% of renovation costs up to $50,000, the MHRTC supports multigenerational living by assisting with expenses for constructing a secondary unit. Eligible renovations include private entrances, kitchens, bathrooms, and sleeping areas. Learn about eligibility, application steps, and benefits for family-oriented housing.