January 2024 – Canadian Dental Care Plan

The New Canadian Dental Care Plan On December 11 2023, the federal government announced it will introduce the new Canadian Dental Care Plan (CDCP). The new dental plan will help ease financial barriers to accessing oral health care for eligible Canadian residents....

Are You a Joint Owner?

Were You Added as a Joint Owner? There have been two recent developments with Canada Revenue Agency (CRA) in the past couple of years and it may have an impact on more taxpayers than we (tax preparers) originally thought. The intention of this article is to put you on...

Dental Benefit and Hearing Aid Grant

A reminder to those who qualify that we are in Period 2 of the Canada Dental Benefit and the Province of Manitoba is still accepting applications for the Hearing Aid Grant Canada Dental Benefit Period 2 Applications for period 2 of the Canada Dental Benefit are as of...

Underused Housing Tax Return

The new Underused Housing Tax came in effect January 1, 2022, and is mostly applicable for those who own residential property in Canada and are NOT Canadian Citizens or are NOT permanent residents. In a nutshell, the UHT is a one-percent tax on the value of...

Senior Income Tested Benefits

Income Tested Benefits for Seniors There are many benefits mostly related to seniors that are income tested. The higher your income the less benefit you receive. There are three main ones: Guaranteed Income Supplement, Pharmacare, and Personal Care Home fees....

CRA & Estate Administration

CRA and Estate Administration Estate administration takes time. A lot of the time is waiting for Canada Revenue Agency CRA. I am currently executor for three different estates and all three are getting near the end; and I can pay out the estate to the beneficiaries...