The Canadian government offers various financial supports to help families with their expenses. Here’s a simplified overview:

Canada Child Benefit (CCB): This is a monthly payment for families with children under 18. The amount depends on your income and the number of children you have. It’s designed to assist with the costs of raising kids.

GST/HST Credit: This is a quarterly payment for individuals and families with low or modest incomes. It helps offset the goods and services tax (GST) or harmonized sales tax (HST) you pay.

Provincial and Territorial Benefits: Depending on where you live in Canada, there may be additional benefits available. Each province and territory has its own programs to support families.

Disability Tax Credit (DTC): This is a non-refundable tax credit that helps individuals with disabilities or their supporting family members reduce the amount of income tax they may have to pay.

Canada Workers Benefit: This is a refundable tax credit that provides tax relief for eligible low-income individuals and families who are in the workforce.

Canada Carbon Rebate (formerly Climate Action Incentive Payment): This is a payment to help offset the cost of federal pollution pricing. It’s available to residents of certain provinces.

Child Disability Benefit: This is a monthly payment to families who care for a child under age 18 who has a severe and prolonged impairment in physical or mental functions.

Canada Caregiver Credit: This is a non-refundable tax credit that may be available to individuals who support a spouse, common-law partner, or a dependent with a physical or mental impairment.

Canada Training Credit: This is a refundable tax credit to help with the cost of training fees.

Home Accessibility Tax Credit: This is a non-refundable tax credit for eligible home renovations or alterations that improve accessibility or help a senior or person with a disability be more mobile or functional within their home.

Children’s Special Allowances: This is a monthly payment for agencies and institutions that care for children.

COVID-19 Benefits: There were temporary benefits provided during the COVID-19 pandemic to support individuals and families.

To find out which benefits you might be eligible for, you can use the government’s online tools or contact the Canada Revenue Agency (CRA) for more information.