During the income tax filing season, scammers pose as representatives of the Canada Revenue Agency (CRA) in an attempt to trick you into sending payment for fictious "debts" or into providing sensitive personal information that they can use to commit fraud. Scammers might send you convincing, and...

Investing can be a great way to grow your wealth, but it’s important to understand the tax implications that come with it. In Canada, the taxation of investment income varies depending on the type of investment and the account in which it is held. Access this resource by the Canadian Investment...

No matter where you are in your financial journey—whether you’re beginning your career, saving for your children’s education, planning for retirement, or setting up a legacy for your loved ones—working with a qualified Financial Planner to create a financial plan can significantly help in...

The CRA has put together a website for what Indigenous Peoples should know about the tax return they send to the Canada Revenue Agency (CRA), and how that return can result in various benefit payments. This includes information on tax exemption and who is eligible.  There is also information on...

The Working Centre in Kitchener-Waterloo has been dedicated to aiding marginalized populations for over 40 years. In partnership with Prosper Canada, it embarked on an initiative to connect the populations they serve to government benefits and tax filing support.  Recognizing the intricate...

The CRA's Indigenous strategy takes inspiration from the United Nations Declarations on the Rights of Indigenous Peoples and contributes to the Government of Canada’s efforts to advance reconciliation. It presents an integrated approach to improve trust and ensure that our services are...

In November 2023, Prosper Canada hosted two national, virtual roundtable sessions on closing the gap in tax filing and improving benefits access for under-served populations. The roundtables brought together more than 50 participants from government, industry, and community organizations to start a...

Filing a tax return is one of the most important ways for Canadians to access income benefits. However, numerous barriers can make tax filing challenging, particularly for people living on low incomes. After engaging with 31 individuals, we discovered that there are disruptors and compounders that...

The disability tax credit (DTC) is an important program for those facing severe and prolonged physical or mental impairment. Some individuals face unique barriers when it comes to completing their application and claiming the credit. On this page, the CRA is correcting some of the most common myths...

During the income tax filing season, scammers pose as representatives of the Canada Revenue Agency (CRA) in an attempt to trick you into sending payment for fictitious "debts" or into providing sensitive personal information that they can use to commit fraud. Learn how to spot tax season scams by...

This article by Credit Canada answers many questions around tax filing. For instance, what happens if you don't file your taxes, or you don't pay any tax owing. It also addresses the benefits of filing your taxes.  Click on "Access this resource" to learn...

 Registered Retirement Savings Plans (RRSPs) are accounts registered with the Canada Revenue Agency (CRA) that help you save for retirement or other goals. To make it easier, the British Columbia Securities Commission has created a simple guide to understanding RRSPs. In this post you’ll learn...

After you file your tax return, Canada Revenue Agency processes it. It will issue you a refund or charge you for taxes owing, depending on the result of your return. While many returns are processed without a review, sometimes your tax return may be reviewed or audited. The Ontario Securities...

This CRA site has information on what Indigenous Peoples should know about the tax return they send to the Canada Revenue Agency (CRA), and how that return can result in various benefit payments. There's also information on available tax filing...

The SimpleFile by Phone service, formerly called File my Return, allows eligible individuals to auto-file their income tax and benefit return over the phone. It is free, secure, and easy to use. There are no forms to fill out or calculations to do. You do not need to speak to an agent to use this...

This publication is an outreach product  to help promote the program "How to open a Registered Disability Savings Plan (RDSP) for yourself or a loved one with a disability". This infographic was created in response to feedback from stakeholders and was designed in collaboration with experts in...

The overall purpose of the collaborative project between Seneca College and Prosper Canada was to build a supportive booking system for tax clinics serving low-income...

The Expanding Economic Opportunity Through Volunteer Income Tax Assistance (EEOVITA) cohort has been working to identify and engage targeted, underserved populations most at risk for missing out on the expanded Child Tax Credit (CTC) benefit. This project, which began in January 2022 and concludes...

The Community Volunteer Income Tax Program (CVITP) is a partnership between the Canada Revenue Agency (CRA) and local community organizations. The program is intended to ensure that all taxpayers have equal access to the tax system. In Grey and Bruce Counties, 14 community organizations provide...

This toolkit was created to support the Virtual Self Filing tax filing model piloted in 2020-2022 by Canadian community agencies. In this model, individuals file their own tax returns, but receive support from community agency staff or volunteers to do so. In 2023, this toolkit was updated to...

Organizations play a vital role in providing community members with access to benefits. Tax clinics, homeless shelters, food banks, health centres and others can all do their part to provide these services.  This free 60-minute demonstration will showcase our new Bridge to Benefits tool which...

When Canadians have a financial problem, want to make a financial plan, or need help with their taxes, most simply reach out to their financial institution, adviser, accountant, or commercial tax preparer for the help they need. But who do low-income individuals turn to? A new report by Prosper...

Searching for government benefits can feel like wading through a huge ocean of information. With so many benefits programs out there, it can be hard to know where to start.   This webinar will teach you how to help people seeking ways to boost their incomes and/or reduce their expenses by...

Managing money is challenging. In the current economic environment, it has become even more difficult. For people living on a low-income, managing the day-to-day expenses, let alone life changes or emergencies, can be overwhelming.   Prosper Canada has created an online course that you can share...

The average Canadian tax return amount in 2023 is $2,072 and that money can go a long way when it comes to meeting your financial goals. But remember, this isn’t a cash windfall; it’s YOUR money that the government borrowed from you, so Credit Canada recommends using it for needs versus...