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Federal government introduces new financial supports for residents

The Government of Canada has proposed new financial support measures to make life more affordable for Canadians.
• The proposed Canada Dental Benefit would provide financial support for eligible families earning less than $90,000 per year. Parents and guardians with children under 12 years old may be eligible to receive up-front, direct payments totalling up to $1,300 per child (up to $650 per year) if they obtain dental care for which the parent has out of pocket costs and does not have access to a private dental insurance plan.
• The proposed one-time top-up to the Canada Housing Benefit would provide a $500 payment to low-income renters facing housing affordability challenges. This benefit would be available to renters who had an adjusted net income for 2021 of $35,000 or less for families, or $20,000 or less for individuals, and pay at least 30 per cent of their adjusted net income on rent for their own principal residence in Canada.
Applications for the new dental and housing benefits are now open.



 

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Cloud Bookkeeping Services - 10% OFF
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Cloud Bookkeeping Services - 10% OFF
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NRG Alternatives - 10% Discount
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Allen Insurance - Exclusive Chamber Member Rates