Old Age Security Payments Schedule For 2023

Old Age Security (OAS) is a government-funded pension program in Canada that provides financial assistance to seniors aged 65 and over. It is one of the three pillars of Canada's retirement income system. It is well paired with the Canada Pension Plan (CPP) and private savings. OAS is a universal program, meaning that it is…

ByJohn WilsonDecember 21, 2022

a crumbled piece of paper with a credit memo on it

Resources

5 Things To Know About Credit Memos In Canada

1. What Is A Credit Memo? A credit note, also known as a credit memo in Canada, is a document issued by a seller to a buyer that reduces the amount the buyer owes for a purchase. It is typically used when a buyer returns goods or when there is an error in the original…

ByJohn WilsonDecember 20, 2022

calculator, pen and paper on a desk of someone doing their taxes

Resources

4 Things You Need To Know About A T4E

A T4E is a type of tax slip that is issued in Canada to individuals who have received employment insurance (EI) benefits or who have received certain types of income from the government. The T4E slip is used to report this income to the Canada Revenue Agency (CRA). That is the federal agency responsible for…

ByJohn WilsonDecember 15, 2022

bill of sale being produce in a machine in Alberta

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Alberta Bill Of Sale

Buying a used vehicle can be a good tactic to save on costs, namely transport and secure a balanced budget, or just save money. Selling a used vehicle is just part of the lifecycle of owning a vehicle. In cases where you sell the vehicle to an individual in Alberta, you will need to produce…

ByJohn WilsonDecember 10, 2022

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What Is Canada RIT

Canada RIT, or Canada Refund Income Tax is a refund of taxes that have been paid to the Canadian government. This refund may be given to taxpayers who have overpaid their taxes, or who have paid taxes on income that is below the tax threshold. Canadians may be eligible for a Canada Refund Income Tax…

ByJohn WilsonDecember 6, 2022

yellow dollar signs on a yellow background

Important Dates Resources

Canada PRO Deposit (Ontario Trillium & Alberta Child Benefits)

The Canada PRO program is a Canadian government program that provides a payment to help disperse tax credit and benefit program monies to eligible residents of Ontario and Alberta. Having received money in your bank account from Canada PRO, such as described in the following picture, means that you’ve received money from one of the…

ByJohn WilsonNovember 29, 2022

Budgeting Important Dates Personal Finance Resources Saving

The Climate Action Incentive Program

The Climate Action Incentive Program is a Canadian federal government program that provides funding to eligible households and businesses. It exists in provinces and territories that have adopted the Pan-Canadian Framework on Clean Growth and Climate Change. The funding helps offset the increased costs of complying with the carbon pricing system. That system was implemented…

ByJohn WilsonNovember 27, 2022

Personal Finance Resources

15 Highest Paying Jobs In Canada

1. DentistsAverage Salary: $103,900 Median Salary: $142,900 Range: $86,000 - $208,0002. Physicians & SurgeonsAverage Salary: $101,400 Median Salary: $208,333 Range: $105,000 - $441,0003. PharmacistsAverage Salary: $97,700 Median Salary: $116,000 Range: $75,000 - $118,0004. ChiropractorsAverage Salary: $$93,700 Median Salary: $102,000 Range: $60,000 - $120,6005. OptometristsAverage Salary: $92,600 Median Salary: $104,000 Range: $76,000 - $121,0006. PodiatristsAverage Salary: $90,000 Median Salary: $86,598 Range: $77,000 - $105,0007. VeterinariansAverage…

ByJohn WilsonNovember 18, 2022

Investing Resources Stocks

Best Investing Books

Investing books talk about a wide variety of topics, including but not limited to: the different types of investments available, how to choose an investment strategy, how to develop and monitor a portfolio, and how to stay informed about changes in the market. There are many reasons to read a book on investing. Perhaps you…

ByJohn WilsonNovember 10, 2022