The Canada Revenue Agency (CRA) in internal polling considered whether to make publicly available a blacklist of individuals who cheat on their taxes, according to a report. “More than 1 in 3 Canadians, 35 percent, strongly agree the Canada Revenue Agency should publish a list of people found guilty of tax offences,” said a report…
Number of Canadians in Highest Tax Bracket Barely Changed Since Tax Rate Increase in 2016: Report
The number of Canadians whose taxable incomes are in the top 1 percent bracket has remained virtually the same since 2016, when the Liberal government increased the federal income tax rate to 33 percent for the highest earners—or those making $200,000 or more a year. The Canada Revenue Agency (CRA) said in an Inquiry of…
CRA Received Record Number of Complaints in Past Fiscal Year: Taxpayers’ Ombudsman
The number of complaints levied against the Canada Revenue Agency in the past fiscal year set a new record high, according to Taxpayers’ Ombudsperson Francois Boileau, who said complaints against the federal agency are mostly related to individuals trying to obtain COVID-19 related benefits. “The 2021–2022 fiscal year is yet another banner year for our office. Our…
CRA Should Warn Benefits Applicants About Risk of Clawbacks: Taxpayers’ Watchdog
Taxpayers’ Ombudsperson François Boileau says the Canada Revenue Agency should warn Canadians applying for benefits about the risk of potential clawbacks to other income supports. In his latest annual report, Boileau recommended that the CRA make it clear to applicants that benefits that increase their income could affect other benefits they receive, including provincial benefits….
Applications Open for Dental Care Benefits Touted by Liberals as Inflation Relief
Parents can apply with the Canada Revenue Agency starting today to receive the children’s dental benefit that the federal Liberals say is intended to provide cost-of-living relief to low-income Canadians but that critics say is a drop in the bucket. The benefit, to be used toward dental services, is available for children under 12 in…
$5.3 Billion of COVID Relief Payments Were Sent to Ineligible Canadians: Report
At least $5.3 billion worth of COVID relief payments were sent out in 2020 to Canadians who did not meet the eligibility criteria to collect them, according to federal records tabled in the House of Commons. In an Inquiry Of Ministry obtained by Blacklock’s Reporter, the Liberal cabinet said it was aware of at least…
$5.3 Billion in COVID Relief Payments Were Sent to Ineligible Canadians: Report
At least $5.3 billion worth of COVID relief payments were sent out in 2020 to Canadians who did not meet the eligibility criteria to collect them, according to federal records tabled in the House of Commons. In an Inquiry Of Ministry obtained by Blacklock’s Reporter, the Liberal cabinet said it was aware of at least…
CRA Rolls Out Third Installment of Carbon Tax Rebate
The third installment of a carbon tax rebate is set to be delivered to residents in some Canadian provinces over the coming days. The climate action incentive (CAI) credit is a tax-free benefit that is said to help individuals and families offset the cost of federal carbon pollution pricing. It is available to residents of…
CRA Rolls Out Third Instalment of Carbon Tax Rebate
The third instalment of a carbon tax rebate is set to be delivered to residents in some Canadian provinces over the coming days. The climate action incentive (CAI) credit is a tax-free benefit that aims to help individuals and families offset the cost of federal carbon pollution pricing. It is available to residents of Alberta,…
CRA Paid Out $100 Billion in Wage Subsidies Without Any Screening, Auditor General Says
Canada Revenue Agency (CRA) did not do cursory checks on claims requesting wage subsidies under a pandemic relief program using the information it already had before paying out $100.6 billion to businesses, including those in tax default, according to Auditor General Karen Hogan. “An example we saw was in the Emergency Wage Subsidy program,” Hogan…
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