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Earn up 5x points for online shopping via the Aeroplan eStore + MORE Jun 7th
To celebrates Father’s Day Air Canada has launched a bonus offer to earn up to 5x points for shopping at select retailers via the Aeroplan eStore portal. This offer is available until June 18, 2023 and includes retailers such as Banana Republic, Lenovo, Decathlon, Saxx and more. Click here t.... More »
RWRDS Daily Update – June 15, 2023 + MORE Jun 16th
Tangerine Money-Back Credit Card Review, IHG opens their newest hotel in Courtney BC and Cathay Pacific Lounge in Vancouver re-opening tomorrow. Check out today's points & miles updates here:
The post RWRDS Daily Update – June 15, 2023 appeared first on Rewards Canada..... More »
RWRDS Daily Update – March 21, 2024 Mar 22nd
Stash Hotel Rewards grows to 12 hotels in Canada, New Amex Offers statement credit for Swarovski and save on Priority Pass airport lounge memberships with our special offer. Check out today's points & miles updates here:
The post RWRDS Daily Update – March 21, 2024 appeared first on Rewards C.... More »
RWRDS Daily Update – July 18, 2024: Giant Tiger stops accepting Amex in-store & load your weekly bonus offers + MORE Jul 19th
Giant Tiger stops accepting Amex in-store and a reminder to load your weekly shopping offers from Scene+, PC Optimum etc. Check out today's points & miles updates here:
The post RWRDS Daily Update – July 18, 2024: Giant Tiger stops accepting Amex in-store & load your weekly bonus offers .... More »
Year-end tax-saving tips for Canadians for 2024 + MORE Dec 5th
Hear me out. Year-end tax planning can be financially rewarding. It’s a shame so few people do it. There are three objectives: plan to reduce taxes for the current year with legitimate planning opportunities, go back and recover overpaid taxes in prior years and, finally, set yourself up to minimi.... More »
What Is the Climate Action Incentive Payment?
– canadianfinanceblog.com
Most Canadians are familiar with longstanding tax credits, such as the GST/HST credit and the Canada Child Benefit (CCB). But there’s another family credit you may be eligible for, and it’s paid in quarterly installments. It’s called the Climate Action Incentive (CAIP), and it’s been expanded to three additional provinces for 2023-24.
In this article, I’ll share everything you need to know about this important benefit, including who is eligible, how much you can receive, and why the benefit exists in the first place.
What Is the Climate Action Incentive Payment?
The Climate Action Incentive Payment is a tax-free quarterly payment made to residents of several Canadian provinces to offset the cost of the federal carbon tax.
Before 2021, the CAI was a refundable tax credit you claimed on your income tax return. However, as of July 2022, the credit became a quarterly payment. You don’t have to apply for the CAIP; if you qualify, the Canada Revenue Agency will automatically enroll you based on your annual income tax return information…
In this article, I’ll share everything you need to know about this important benefit, including who is eligible, how much you can receive, and why the benefit exists in the first place.
What Is the Climate Action Incentive Payment?
The Climate Action Incentive Payment is a tax-free quarterly payment made to residents of several Canadian provinces to offset the cost of the federal carbon tax.
Before 2021, the CAI was a refundable tax credit you claimed on your income tax return. However, as of July 2022, the credit became a quarterly payment. You don’t have to apply for the CAIP; if you qualify, the Canada Revenue Agency will automatically enroll you based on your annual income tax return information…
