Category: Canada

Transfer the stock to the receiver’s trading account. Select a brokerage account. Both you and the person receiving the stock need a brokerage account when you give a stock as a gift. Buy the stock. Here’s the fun part — choosing the companies to buy for your recipient. Transfer the stock. Can you give stocks […]

Claiming lessons as a personal tax deduction is only available through a music school which holds the certification of a “Certified Educational Institute.” This title is very specific and is offered to only a select few organizations. Can I claim my child’s music lessons on my taxes? You can claim a refundable tax credit for […]

I was also grateful for the Canada Child Benefit, and I noted down the Child Tax Benefit Payment Dates (aka payday). Cut Cable. Use Netflix Instead. Borrow Books from the Library. Cut Memberships that You Don’t Use. Cut Out or Decrease the Frequency of Coffees or Desserts or Treats. How can I save for maternity […]

The Canada Child Benefit also increases with inflation. The new 2022 Canada Child Benefit has increased by 2.4% versus 2021. Is the child tax benefit going up in 2022 Canada? The Government indexed the Canada Child Benefit for the first time in July 2018 to ensure the benefit keeps pace with inflation. Eligible families can […]

Can I Apply for Canada Visa Lottery? At the moment, there’s no online platform that provides you with a Canada visa lottery 2022/2023 application form. According to the official Canada visa website, there’s a disclaimer stating that Canada does not have a portal for the Canadian immigration lottery. Is there visa lottery for Canada 2022? […]

The family members that can’t come with you include: your parents. grandparents. brother or sister. Can I sponsor my brother to come to Canada? Brother or Sister Currently there is no direct sponsorship program for brothers and sisters of Canadian citizens or permanent residents. However, their siblings can apply for permanent residency as economic class […]

Canadian Taxpayers Federation Fédération canadienne des contribuables Abbreviation CTF Formation 1990 Merger of Association of Saskatchewan Taxpayers Resolution One Association of Alberta Type Fiscal conservative advocacy What is CTF in the government of Canada? The Canadian Taxpayers Federation (CTF) is a federally incorporated, not-for-profit citizen’s group dedicated to lower taxes, less waste and accountable government. […]

For a simple example, let’s say your federal tax rate percentage is 15% and you paid $5,000 of eligible tuition fees in the 2021 tax year. Since 5,000 x 0.15 = 750, you would be entitled to a $750 tax credit. The tuition tax credit is discounted from the amount of tax you owe, and […]

International students in Canada have full protection under Canadian Law and must comply with Canadian Law in turn. Canadian Law Everyone has the fundamental freedoms of religion, belief, opinion, expression and peaceful assembly. Everyone has the right to life, liberty and security of person. What rights do international students have? In general, non-immigrants in the […]

For this purpose, I would be using the Canadian Dollar (CAD) to allocate the visa fees, equivalent to the CBN rate of 323.36 at the time of writing this post.Temporary Residence. Type of Visa Visa Application Fee (CAD $) Visa Application Fee (₦) Study Permit CAD 150 ₦48,503 Study Permit Renewal CAD 350 ₦113,174 How […]