👉Ontario residents are set to receive two vital CRA benefits payments in August, providing financial relief to families and individuals. The payments will be disbursed on the 9th and 20th of August 2024. The Canada Child Benefit (CCB) offers monthly tax-free support to families with children under 18, while the Ontario Trillium Benefit (OTB) combines three credits to assist with sales tax, energy, and property tax costs. Eligible taxpayers, including newcomers and various resident statuses, can apply using specific forms and must keep their information updated to ensure accurate payments.✅ . 👉Ontario residents are set to receive two vital CRA benefits payments in August, providing financial relief to families and individuals. The payments will be disbursed on the 9th and 20th of August 2024. The Canada Child Benefit (CCB) offers monthly tax-free support to families with children under 18, while the Ontario Trillium Benefit (OTB) combines three credits to assist with sales tax, energy, and property tax costs. Eligible taxpayers, including newcomers and various resident statuses, can apply using specific forms and must keep their information updated to ensure accurate payments.✅ . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #OntarioBenefits #CRAPayments #CanadaChildBenefit #TrilliumBenefit #FinancialRelief #OntarioFamilies #AugustBenefit #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉As September 2024 nears, Ontario residents can look forward to two critical CRA benefit payments. The Canada Child Benefit (CCB) provides tax-free monthly payments to help families with children under 18 manage childcare costs. Meanwhile, the Ontario Trillium Benefit (OTB) consolidates three provincial credits—the Ontario Sales Tax Credit, Ontario Energy and Property Tax Credit, and Northern Ontario Energy Credit—into one monthly payment. These benefits offer essential financial relief to low- and moderate-income families and individuals across Ontario, helping to ease the burden of living expenses and ensuring access to necessary resources.✅ . 𝐄𝐱𝐩𝐞𝐫𝐭 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐞- 𝐀𝐭 𝐚 𝐭𝐢𝐦𝐞 𝐚𝐧𝐝 𝐩𝐥𝐚𝐜𝐞 𝐜𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐭 𝐟𝐨𝐫 𝐲𝐨𝐮! 𝐉𝐨𝐦 𝐌𝐚𝐭𝐭𝐚𝐦 𝐌𝐨𝐛𝐢𝐥𝐞 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐨𝐫 +𝟏 𝟔𝟒𝟕 𝟗𝟐𝟎 𝟔𝟓𝟑𝟎 𝐣𝐨𝐦.𝐦𝐚𝐭𝐭𝐚𝐦@𝐜𝐢𝐛𝐜.𝐜𝐨𝐦 @jom_mattam . . #OntarioBenefits #CRAPayments #CCB #OTB #FinancialRelief #OntarioFamilies #TaxCredits #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Ontario is prolonging a temporary tax cut aimed at easing the financial burden on drivers at gas stations. Initially implemented in July 2022, the cut reduces gasoline tax by 5.7 cents per liter and diesel fuel tax by 5.3 cents per liter. Premier Doug Ford announced the extension until the year's end, emphasizing the government's commitment to cost-saving measures during a press conference in Mississauga. Legislation to extend the gas tax cut until December 31, 2024, will be introduced through the 2024 budget on March 26. The province estimates that these tax breaks have annually saved households an average of $320 since their inception. Finance Minister Peter Bethlenfalvy underscores the government's proactive stance in combating high inflation and interest rates. Ford's initial promise to lower gas prices by 10 cents per liter during the 2018 election campaign was partly fulfilled by ending the cap-and-trade system. However, the subsequent implementation of the federal carbon tax nullified some of these savings. Ford urges the federal government to reconsider the planned increase in the carbon tax scheduled for April 1, citing additional financial strain on Ontarians.✅ . 𝐀𝐮𝐠𝐮𝐬𝐭𝐢𝐧𝐞 𝐉𝐨𝐲 𝐓𝐚𝐱 𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥 @taxesatjoy @augustine.joy_ 𝙎𝙩𝙪𝙙𝙚𝙣𝙩 𝙎𝙪𝙥𝙥𝙤𝙧𝙩 𝙉𝙚𝙬𝙘𝙤𝙢𝙚𝙧𝙨 𝘼𝙨𝙨𝙞𝙨𝙩𝙖𝙣𝙘𝙚 𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙏𝙖𝙭 𝙨𝙤𝙡𝙪𝙩𝙞𝙤𝙣𝙨 𝙎𝙢𝙖𝙡𝙡 𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝘾𝙤𝙧𝙥𝙤𝙧𝙖𝙩𝙞𝙤𝙣𝙨 𝘼𝙪𝙙𝙞𝙩𝙞𝙣𝙜 𝙍𝙚𝙥𝙧𝙚𝙨𝙚𝙣𝙩𝙖𝙩𝙞𝙤𝙣 +𝟏 𝟑𝟎𝟔 𝟑𝟏𝟑 𝟔𝟗𝟖𝟗 𝐭𝐚𝐱𝐞𝐬𝐚𝐭𝐣𝐨𝐲@𝐠𝐦𝐚𝐢𝐥.𝐜𝐨𝐦 𝐰𝐰𝐰.𝐭𝐚𝐱𝐞𝐬𝐚𝐭𝐣𝐨𝐲.𝐜𝐚 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧: 𝐀𝐥𝐥 𝐨𝐯𝐞𝐫 𝐂𝐚𝐧𝐚𝐝𝐚 𝐞𝐱𝐜𝐞𝐩𝐭 𝐐𝐮𝐞𝐛𝐞𝐜 . . #OntarioGasTax #TaxCutExtension #CostSavings #DougFordGovernment #FinancialRelief #CarbonTax #FederalPolicy #BudgetAnnouncement #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉 In a welcome development for small businesses across Canada, the federal government has granted a one-year extension for the repayment of pandemic loans under the Canada Emergency Business Account (CEBA). This decision, advocated by the Association of Canadian Travel Agencies (ACTA), has been met with enthusiasm by Wendy Paradis, ACTA President, who noted the crucial support it offers to businesses striving to recover from the pandemic's impact. A recent survey by ACTA revealed that a significant percentage of travel businesses owe substantial amounts from these loans. The extension alleviates some of the financial burden, as businesses now have more time to repay. ACTA had launched a letter-writing campaign in support of this extension, which Prime Minister Justin Trudeau officially announced, easing concerns among struggling businesses nationwide. .✅ . . #CEBAExtension #SmallBusinessSupport #ACTAAdvocacy #PandemicRecovery #BusinessResilience #FinancialRelief #TrudeauGovernment #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉It has been confirmed by CTV News that the 2023 federal budget will introduce a "grocery rebate" aimed at helping lower-income Canadians who may be struggling with the increasing cost of food. The new measure, which is set to be unveiled on Tuesday, will provide assistance to almost 11 million Canadians. Under the proposed scheme, eligible recipients would receive a one-time payment based on their household size and income. For example, a couple with two children could receive a payment of up to $467, while a senior could receive a payment of $225, and a single person could receive $234.✅ . . #CanadianGovernment #FederalBudget #GroceryRebate #LowerIncomeCitizens #FinancialRelief #COVID19 #Pandemic #FoodPrices #mnm #malayalisnearmeapp #canadaupdate #canadanews