The New CRA Benefit will begin to be paid to Canadians, including newcomers and temporary workers, in January 2025. This benefit is designed to provide money and stability in support of increasing living costs. These payments make it smoother for those willing to consider Canada Skilled Migration to settle into their new lives in Canada.
A detailed guide to the five upcoming benefit payments, how to apply and who can claim the payments is set out below.
The Canada Child Benefit is a monthly payment of tax-free dollars to help families with children under 18 cover the cost of raising their kids.
The GST/HST Credit provides tax-free quarterly payments to low and moderate-income households to help pay for GST/HST.
One that supports low income families and individuals and at the same time encourages workforce participation.
The CCR was previously the Climate Action Incentive Payment, which offsets the cost related to federal pollution pricing.
Credits provided by the OTB help low to moderate-income households with energy, property tax, and sales tax relief.
We help newcomers and temporary residents to Benefit and that is what we do at Navigate Migrate.
If you are new in Canada, you need to understand and actually access these New CRA Benefits since they help make your finances stable. We at Navigate Migrate specialize in assisting newcomers, temporary workers and families on the migration journey that they make the most of it.