Work out any number in your financial life

Canada Workers Benefit: 2026 amounts and phase-out

The federal Canada Workers Benefit has separate maximum amounts and income reduction thresholds for single individuals without children and for families.

Canada GST/HST credit replacement: July 2026 to June 2027

The GST/HST credit became the Canada Groceries and Essentials Benefit in July 2026, with published annual maximums for the July 2026 to June 2027 period.

Canada Home Buyers' Plan: withdrawal limit and repayments

The Home Buyers' Plan permits qualifying RRSP withdrawals with a repayment period, including temporary relief that delays the first repayment year.

Canada RRIF minimum withdrawals: age and prescribed factors

A RRIF pays a yearly minimum beginning after its establishment year, with the applicable factor based on age at the beginning of the year.

Canada federal basic personal amount for 2026

The 2026 federal basic personal amount has a maximum and a lower amount for higher incomes, with the enhancement gradually phased out between income thresholds.

Canada Disability Benefit and disability tax credit

The Canada Disability Benefit is an income-tested payment, while the disability tax credit reduces income tax and is an eligibility requirement for the benefit.

Canadian Dental Care Plan: eligibility and co-payments

The Canadian Dental Care Plan uses adjusted family net income for eligibility and co-payments, with coverage based on the plan's established fees.

Canada RDSP: disability savings grants and bonds

An RDSP can receive contribution-matching grants and income-tested bonds, with separate lifetime limits and annually indexed income thresholds.

Canada pension income splitting and pension amount

Eligible pension income can be allocated between spouses for tax purposes, while the pension income amount has separate eligibility conditions.

Canada medical expense tax credit: 2026 threshold

The federal medical expense tax credit uses eligible expenses above an income-based threshold, with a published dollar ceiling for 2026.

Canada Learning Bond: amounts and eligibility

The Canada Learning Bond adds government money to an eligible child's RESP without requiring personal contributions.

Canada home renovation tax credits: expense limits

The home accessibility tax credit and multigenerational home renovation tax credit have different purposes and qualifying expense limits.

Canada northern residents deductions: residency amounts

The northern residents deductions distinguish basic and additional residency amounts, with different daily amounts for the two prescribed zones.

Canada Carbon Rebate: current payment status

CRA marks the Canada Carbon Rebate for individuals as closed and distinguishes the final quarterly payment from payments following late returns.

Canada RRSP Lifelong Learning Plan: limits and repayment

The Lifelong Learning Plan permits qualifying RRSP withdrawals for education, with annual and total limits followed by repayment obligations.

Canada Guaranteed Income Supplement: quarterly amounts

Guaranteed Income Supplement monthly maxima and annual income thresholds vary with marital status and a partner's benefits.

Canada EI maternity and parental benefits: 2026 amounts

EI maternity and standard parental benefits use a higher weekly rate than extended parental benefits, with different limits on weeks available.

Canada home buyers' amount: eligibility and claim limit

The home buyers' amount is a non-refundable federal tax credit with qualifying-home and first-time-buyer conditions, plus disability exceptions.

Canada caregiver credit: 2026 amounts and eligibility

The Canada caregiver credit concerns support for a family member with an infirmity; amounts depend on the relationship and other claims.

Canada tuition and student loan interest tax credits

Tuition amounts can be transferred or carried forward under separate rules from the credit for interest paid on qualifying student loans.

Canada child disability benefit: July 2026 to June 2027

The Child Disability Benefit provides a tax-free monthly payment for families caring for a child under 18 with a severe and prolonged impairment, up to a published annual maximum.

Canada Student Grant: Full-Time Students 2026-27

The Canada Student Grant for full-time students provides up to $4,200 per year, with eligibility determined by family income and the number of people in the family.

Canada CPP disability benefit: 2026 maximum and eligibility

The Canada CPP disability benefit is a monthly payment for contributors aged 18 to 64 whose disability prevents substantially gainful work, with a published January 2026 maximum.

Canada CPP survivor's pension: 2026 maximums by age

The Canada CPP survivor's pension is a monthly payment for the spouse or common-law partner of a deceased CPP contributor, with separate amounts for those under 65 and 65 or older.

Canada CPP death benefit: basic amount and top-up

The Canada CPP death benefit is a one-time payment made to the estate or eligible individuals on behalf of a deceased CPP contributor, with a basic amount of $2,500 and a possible top-up.

Canada eligible educator school supply tax credit 2025

An eligible educator may claim up to $1,000 in eligible supplies expenses, resulting in a refundable credit calculated at 25% on line 46900 of the federal return.

Tax-Free Savings Account: what the TFSA contribution room means

The TFSA annual limit is $7,000 for 2026. Unused contribution room carries forward, and any amount withdrawn is restored as new room on January 1 of the following year.

RRSP deduction limit: the 18% formula and the annual dollar cap

New RRSP room is based on 18% of prior-year earned income, up to an annual dollar cap. Unused room and pension adjustments affect the deduction limit.

Federal income tax brackets for 2026 and what provinces add

Canadian federal income tax uses five progressive brackets. The top rate of 33% applies to taxable income above $258,482. Provincial or territorial income tax is added on top of the federal amount, and each province sets its own brackets and rates.

CPP and EI employee contribution rates and earnings limits for 2026

The 2026 CPP employee contribution rate is 5.95% on earnings above the basic exemption and up to $74,600. EI uses a separate premium rate and insurable-earnings ceiling.

First Home Savings Account: limits and qualifying withdrawal basics

FHSA participation room is $8,000 in the first year you open an account. A qualifying withdrawal for a first home is tax-free and does not have to be repaid.

Bank of Canada policy rate: how it affects prime rates

The Bank sets the target for overnight borrowing between financial institutions. Its changes influence commercial bank prime rates and other borrowing and saving rates.

Canada Child Benefit: payments and the July benefit year

The CRA calculates CCB using the number and ages of eligible children and adjusted family net income. The July 2026 to June 2027 payment period uses 2025 income.

Capital gains in Canada: the legislated inclusion rate

The Income Tax Act includes half of a capital gain in taxable capital gains under the general rule. The inclusion rate is distinct from the income tax rate.

GST and HST: federal tax and provincial combined rates

GST applies at 5% to taxable supplies in non-participating provinces. Participating provinces use HST, with combined rates determined by the place of supply.

Old Age Security: eligibility and the recovery tax threshold

OAS begins no earlier than age 65. Eligibility includes residence and legal-status conditions, while income can trigger repayment through the recovery tax.

RESP and CESG: education savings and grant limits

The Canada Education Savings Grant adds to eligible RESP contributions. Basic grant limits and carried-forward grant room are distinct from RESP contribution limits.

CPP retirement pension: start ages and monthly adjustments

CPP retirement pension payments depend in part on the starting age. Starting before or after the standard age changes the monthly payment.

CDIC deposit insurance: categories and coverage limits

CDIC protects eligible deposits at member institutions. The limit applies separately by insurance category and member institution, including principal and interest.

EI regular benefits: rate and the 2026 earnings limit

For most people, EI regular benefits use a percentage of average insurable weekly earnings. The published earnings ceiling limits the weekly amount.

Mortgage stress test: the minimum qualifying rate

A mortgage stress test assesses affordability at a qualifying rate above the offered contract rate in some cases. Qualifying does not set the interest rate charged.

Canada: Allowance and Allowance for the Survivor 2026

The Allowance and Allowance for the Survivor have separate monthly maximums and income tests for people aged 60 to 64.

Canada training credit: accumulation and claim limits

The Canada training credit is refundable, with a limit accumulated over qualifying years and a separate ceiling on each claim.

Canada child care expenses deduction: limits and claimant

The child care expenses deduction has annual per-child limits and rules that generally assign the claim to the person with lower net income.

Canada moving expenses deduction: distance and costs

The moving expenses deduction connects an eligible move with the distance to a new work location or school and the income against which expenses can be deducted.

Canada employment amount: the 2026 maximum

The Canada employment amount recognises work-related expenses through a claim capped by both a published annual maximum and reported employment income.