According to Daily Hive posted on Sep 18 2023,
Canadians will get money from the government in October.
The Canadian government is providing financial relief this fall to combat the rising cost of living. Various federal benefits, credits, and rebates are available to eligible individuals.
Firstly, GST/HST Credit (Payment due on October 5) will be available.
A tax-free quarterly payment to assist low to modest-income Canadians.
Potential amounts are $496 for singles, $650 for married/common-law partners, and $171 per child under 19.
No application required; eligibility determined when filing taxes. Last year, the credit was doubled during high inflation.
Secondly, Canada Child Benefit (CCB) will be paid on October 20.
A monthly tax-free payment to support the cost of raising children.
Administered by the Canada Revenue Agency (CRA).
Eligibility and application details available through the CRA.
Thirdly, Canada Workers Benefit (CWB) will be received on October 12.
A refundable tax credit for low-income individuals and families.
Eligibility criteria: Over 19 or living with a spouse/common-law partner or child, Canadian residency, and earning below the net income threshold.
Eligible singles can receive up to $1,428, and families can get up to $2,461. An additional $737 is available for those eligible for the disability supplement.
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In my perspective, the Canadian government and its citizens exhibit generosity and adaptability because we occasionally receive unexpected financial support from the government, known as "rebates," with very short notice. This support is typically tied to our tax returns. When I learned that we might receive a maximum of around $500, it felt like a windfall, almost like "Tanakara botamochi," a Japanese saying for unexpected good fortune. In fact, just two months ago, I received a one-time grocery rebate of $234.
This generosity isn't impulsive; rather, it's a response to the financial challenges many of us face due to Canada's high inflation rate. I feel fortunate for this timely assistance.
What impresses me is the speed at which the Canadian government acts. When compared to the bureaucratic process often seen in Japan, where extensive debates and discussions can delay decisions, it's refreshing. In Japan, we can imagine heated arguments happening before any rebate is implemented. The government often faces criticism about its effectiveness and whether the cost is justified, among other things. What's even more challenging is that they don't dismiss these concerns; instead, they make efforts to provide reasonable explanations.
While this thoroughness is appreciated in some cases, it can also be time-consuming and lead to no tangible outcomes or changes. Both approaches have their pros and cons, depending on the situation. In Canada, we value the government's ability to act swiftly, and in Japan, we appreciate the dedication to thorough deliberation and explanation. How do you see the issue and the response to them in your country? Hope this rebate will help many Canadian people a lot.