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Medical Expenses You Can Claim For Taxes In Canada

Web3% of your net income is $1,500. Since $1,500 (3% of net income) is less than $2,635, you would subtract $1,500 from your total medical expenses: $3,000 – $1,500 = $1,500. …

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What Is The Healthy Smiles Ontario Program

WebAssistance For Children With Severe Disabilities – Parents or guardians of children with serious disabilities can receive between $25 and $500 a month to help with …

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What Is The Ontario Health Insurance Plan (OHIP)

WebOHIP is Ontario’s public health care plan. Residents of Ontario can benefit from OHIP, which is funded by payroll taxes and supported by the government. While …

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A Guide For International Students In Canada

WebAccording to the latest Statistics Canada study, international undergraduate students will pay an average of $36,123 nationally in tuition fees, while Canadian …

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What Is The Canada Dental Benefit

WebUnless your kids have a real dental emergency, you’re on your own when it comes to paying for dental care. But with the new Canada Dental Benefit, you may not …

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Do You Qualify For The New Canadian Dental Care Plan (CDCP)

WebThe Canada Dental Benefit. The Canada Dental Benefit is an interim program designed to help reduce the cost of dental care for children under the age of 12 …

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Dental Care For Low-Income Adults In Ontario

WebSilver Plan – $165.80/month (includes 80% dental coverage up to $600 for the first year, up to $900 for the second and subsequent years, and more) Gold Plan – …

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Medical Loans In Canada

WebOne of the amazing things about living in Canada is the nationwide health care benefits. While the Canadian healthcare system covers the majority of basic …

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The Canadian Mortgage Stress Test In 2024

WebThe mortgage stress test is calculated by determining if qualify for your mortgage using the minimum qualifying rate, which is: The higher of 5.25% or the …

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Does Canada Have Universal Basic Income

WebUniversal Basic Income (UBI) is a regular payment made by the government to all Canadians. Unlike other benefits that require certain conditions to be met — such …

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Buying A House Without A Realtor: Benefits And Risks

WebSave Money. Real estate agents generally require compensation for their services. This can be as much as 3% to 7% of the house price. So if you’re purchasing a …

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Alberta Aids To Daily Living (AADL)

WebThe first step to getting benefits through the AADL is the clinical assessment. You must get this completed by an approved Specialty Assessor or AADL Authorizer. …

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How To Get Employment Insurance (EI) If You Quit

WebDue to COVID-19 the required insurable hours will vary based on when you apply. Till September 24, 2022 (Temporary) – You’ll need 420 hours of insurable hours …

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Life After A Consumer Proposal: Fastest Way To Build Credit

WebIt will take at least 3 years or so to start rebuilding credit following the completion of a consumer proposal. As mentioned, a consumer proposal can remain on …

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GMS Insurance Review

WebInsurance Plan (Without Add-Ons) Lowest Premium. Health. – OmniPlan = $43.50 per month. – ExtendaPlan = $20.25 per month. – BasicPlan = $6.75 per month. If …

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SoNomad Travel Insurance Review

WebSoNomad is a travel insurance company that caters to all your travel insurance needs. Their mission is to help Canadians save money on travel insurance …

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Canada PRO Deposit Dates 2024

WebThe Canada PRO payment dates are dependent on the programs you are enrolled in and whether you’ve signed up for direct deposits. The Alberta Child and …

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What Is A Credit Inquiry

WebA credit-related inquiry is typically performed by an organization looking to extend credit to you or to provide you with a loan. These types of inquiries are called …

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What Happens To Credit Card Debt After Death In Canada

WebAny debts still outstanding – including credit card debt – will be repaid using the assets from the estate. A credit card that is held exclusively in a person’s name is the …

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