In July, a series of benefits closely related to life in Canada came into effect!

Its tax bureau (Canada Revenue Agency, referred to as CRA), announced 6 major benefits starting from July 1.

dental benefits

Dental Benefits

The Canada Dental Benefit, the first universal dental benefit plan in the history of the Canadian government, opened for applications on December 1 last year, providing subsidies for children under the age of 12 with a family income of less than $90,000 and who have not purchased a private dental insurance plan.

From July 1, 2023, the application for the second phase of dental subsidies will be officially opened, so that more families and children can enjoy the benefits of dental care.

01

Up to $650

Temporary dental benefits are available for two periods, with tax-free payments of $260, $390 or $650 per eligible child. Each child can apply for up to 2 payments.

The first period covers expenses from 1 October 2022 to 30 June 2023;

The second period covers dental services the child receives between July 1, 2023 and June 30, 2024.

02

Applicants must meet the conditions

✔ As of July 1, 2023, have one or more children under the age of 12 (must be born after July 2, 2011) and are receiving the Canada Child Benefit (also known as milk benefits);

✔The annual family income is less than $90000;

✔Children without private dental care insurance;

✔ 2022 tax return filed;

✔ Out-of-pocket payments for your child's dental care between July 1, 2023 and June 30, 2024, not reimbursed under a federal, provincial or territorial government scheme.

Eligible parents can get paid quickly through My Account online at the CRA, and those enrolled in direct deposit will receive their payments within 5-10 days.

Alternatively, applications can be completed by calling the new dedicated line: 1-800-715-8836.

grocery allowance

Grocery Rebate

As part of Budget 2023, the Government of Canada introduced the Grocery Tax Rebate to provide financial support to eligible Canadians.

Issued at the same time as the next quarterly GST/HST credit payment on 5 July 2023, the grocery rebate subsidy will double the amount of the GST/HST credit payment received in January 2023.

Grocery Subsidy Amount

GST Refund

GST/HST Credit

According to the regulations of the tax bureau, the annual GST/HST tax rebate subsidy will be distributed in 4 quarters. The latest payment was made on July 5 alongside the grocery allowance.

The Inland Revenue Department recommends that within 10 working days after the payment date, if you still have not received the tax refund, you can contact the Inland Revenue Department for inquiries.

Climate Action Incentives

Climate Action Incentive

The Climate Action Incentive Payment (CAIP) is a tax-free amount that helps individuals and households offset the cost of federal pollution pricing. Quarterly CAIP is available to eligible residents of Alberta, Saskatchewan, Manitoba and Ontario.

Residents of New Brunswick, Newfoundland and Labrador, Nova Scotia and Prince Edward Island will receive the subsidy starting July 1, 2023.

Additionally, households in rural and small communities receive an additional 10 per cent incentive payment.

The subsidy is distributed in four installments each year, with the most recent payment between July 14 and July 21. It should be noted that the subsidy amount may vary in different provinces.

Senior Worker Benefits

Advanced Workers Benefit

Beginning in July of this year, the Canada Advanced Workers Benefit (ACWB) will replace the Canada Workers Benefit (CWB).

The main purpose of this policy is to provide more support and benefits to low-income workers and their families.

According to the new policy, beneficiaries will receive half of the 2022 [Canada Workers Benefits] appropriation amount in installments over the three quarters of July, October and January. After the 2023 tax return is filed next spring, the remaining amount will be reconciled and settled.

In addition, there are milk gold benefits. Every July, the Milk Benefit is recalculated based on the previous year's adjusted family net income.

Canada has a rich and comprehensive social welfare system, which guarantees residents a high-quality life. If you also intend to immigrate to Canada, please contact Xingyunhai International for details!