Connect with us

Hi, what are you looking for?


The Canada Workers Benefit Was Expanded & Now 3.2 Million Canadians Can Get It

The Canada Workers Benefit has been expanded by the federal government, making as many as 3.2 million Canadians eligible for the money.

On June 21, Minister of Finance Chrystia Freeland confirmed that the refundable tax credit had been extended to one million more low-income workers in Canada.

Workers who are single and without children will be eligible for a tax refund of up to almost $1,400, while workers with families will be able to get up to $2,400.

The support aims to “help people and families who are working and earning a low income.”

The Government of Canada describes it as a “sizeable” tax refund that previously left many low-wage workers out.

Who can get it?

Now that the eligibility criteria has been expanded, the benefit is available to those with incomes up to:

  • $32,244 as single Canadians (without children)
  • $42,197 as single-earner families
  • $56,197 as double-earner families

Secondary earners in couples are also now able to exclude up to $14,000 of their working income when calculating the benefit, “allowing them to access a more generous tax refund.”

From Your Site Articles
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like


While other stores offered short-term pay increases to frontline employees during the COVID-19 pandemic, Costco Canada has decided to make their pandemic pay raise...


A powerful Ontario winter storm is sweeping across northern parts of the province on Monday with heavy snowfall expected. According to Environment Canada, areas...


On Friday, Premier Doug Ford announced new measures to fight surging cases and hospitalizations in Ontario, including restrictions on interprovincial travel. New restrictions will...


Just days after details about Ontario’s latest stay-at-home order were announced, the provincial government is walking back some of its restrictions. By Sunday, April...

Copyright © 2020 ZoxPress Theme. Theme by MVP Themes, powered by WordPress.