Author: Darrel Pratt

How Was Canada’S Food Guide Created?

Canada’s Official Food Rules were developed by the Nutrition Division of the federal government in collaboration with the Canadian Council on Nutrition. What is Canada food guide based on? best available scientific evidenceThe guidelines are based on the best available scientific evidence. They: promote healthy eating and overall nutritional well-being. support improvements to the Canadian […]

What Is A Gift Card In Canada?

A gift card is a prepaid card that you use to pay for purchases. You can use gift cards at a single retailer or at a group of retailers, such as a chain or shopping mall. Generally, gift cards come with money already on them. Gift cards can be a physical card or an electronic […]

Can You Buy Prepaid Mastercard In Canada?

The Canada Post Prepaid Rechargeable Mastercard is ideal for use while traveling or for everyday online or in store purchases. You can acquire it from any Canada Post office and it is accessible without having to provide credit history or banking information. What prepaid cards are available in Canada? BMO Prepaid Mastercard. BMO Bank of […]

How Do I Plan For Retirement In Canada?

How do you plan for retirement? Canadian Pension Plan (CPP) / Quebec Pension Plan (QPP) Old Age Security Pension (OAS) Guaranteed Income Supplement (GIS) 2022 CPP, OAS, and GIS Payment Dates. Registered Retirement Savings Plan (RRSP) Tax-Free Savings Account (TFSA) Employer pension plans. How much monthly income do I need to retire in Canada? 3) […]

Is It Illegal To Not Give A Receipt In Canada?

The CRA responded that, while there is no legislation that requires a business to provide a receipt to acknowledge payment for services rendered, the Income Tax Act says that a taxpayer must keep adequate books and records “in such form and containing such information as will enable tax payable to be determined.” Are receipts required […]

What Universities In Canada Offer Bed?

Top 10 Universities for B Ed in Canada University of British Columbia. York University. Lakehead University. King’s University College. University of Manitoba. University of Windsor. University of New Brunswick. University of Waterloo. Is BEd course available in Canada? Bachelor of Education (B. Ed) in Canada is offered by most universities as a second degree which […]

Can You Pay Off Your Mortgage Early Canada?

Your lender may also call the prepayment penalty a prepayment charge or breakage cost. Prepayment penalties can cost thousands of dollars. It’s important to know when they apply and how your lender calculates them. If you have an open mortgage, you can make a prepayment or lump-sum payment without paying a penalty. Is it good […]

Can I Claim Canada Training Limit?

Your Canada training credit limit (CTCL) for the year is shown on your latest notice of assessment or reassessment. Every year, if you file an income tax and benefit return, the CRA will review the criteria and increase your CTCL by $250 if you qualify, up to a maximum of $5,000 in a lifetime. Can […]