One-time Housing Top-Up Benefit
For many people in Canada, it is increasingly challenging to find safe and affordable housing. The Governments new one-time top-up to the Canada Housing Benefit aims to help low-income renters with a one-time tax-free payment of $500. You may be eligible if you:
- were born on or before December 1, 2007
- have a family net income for 2021 of $35,000 or less for families, or $20,000 or less for individuals
- are resident of Canada for tax purposes in 2022 and principal residence is situated in Canada on December 1, 2022
- paid at least 30 per cent of family net income, based on their 2021 income tax return, on rent in the 2022 calendar year for principal residence in Canada
Note: applications are open until Friday, March 31, 2023.
click here for more information and to find out if you might be eligible.
P4P Planning Network - FREE WEBCAST - Understanding the IEP: A Guide for Families