Taxpayer incentives, pension fund mandates are options worth exploring
The Finance committee also proposed an amendment to DTC eligibility in the budget implementation bill
Tories also propose enhancing existing tax credit for low-income earners
Government cuts fossil-fuel credits, offers new credits for critical mineral, carbon capture development
The accounts will have a $40,000 lifetime limit on contributions and an annual contribution limit of $8,000
Keep these 5 items in mind this season
Simplified procedures were extended for the 2021, 2022 tax years
Employees using the simplified method can now claim $500, up from $400 last year
Feds' $100 cap on fees for helping clients apply for the DTC was set to become effective Nov. 15
The First Home Savings Account would allow Canadians under 40 to save $40,000 toward a home purchase