Tag: CRA
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CRA Says $10 Billion in COVID Benefits Went to Ineligible Recipients
Canada’s COVID Benefit Overpayments: A Closer Look The Canada Revenue Agency (CRA) has announced that up to $10 billion in COVID-19-related benefits may have been distributed to ineligible recipients since the program’s inception in 2020. The revelation comes as part of ongoing audits and reviews aimed at identifying and recovering improper payments from a relief…
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Canada Faces $10 Billion COVID Benefit Overpayments to Ineligible Recipients, Cracking Down on Relief Gaps
Overview: A Myriad of Mistakes in COVID Relief Disbursements As Canada continues to scrutinize the COVID-19 relief programs, the Canada Revenue Agency (CRA) disclosed that approximately $10 billion in COVID-related benefits were paid to ineligible recipients. The revelation underscores a broader debate about how emergency aid was distributed during the pandemic and how the country…
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CRA Says $10B in COVID Benefits Reached Ineligible Recipients
Overview: A $10 Billion Overpayment Question The Canada Revenue Agency (CRA) has disclosed that roughly $10 billion in COVID-19 relief benefits were issued to individuals who did not meet the program’s eligibility criteria. The revelation comes as the government reviews pandemic-era support measures and recipients face the prospect of repayment. The development underscores the scale…
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Five 2026 Tax Changes You Need to Know: RRSP Limits, Brackets, and More
Understanding the 2026 Tax Landscape Every fall, the Canada Revenue Agency (CRA) updates the numbers that shape a Canadian taxpayer’s year ahead. For 2026, several changes aim to adjust how much you can contribute to retirement savings, where you sit in the tax brackets, and how certain benefits are calculated. The changes are not just…
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Five 2026 Tax Changes: New RRSP Limits, Tax Brackets and More
What to expect in 2026: Five major tax changes you need to know Each autumn, the Canada Revenue Agency (CRA) reveals updates that affect how Canadians contribute, earn, and file their taxes in the coming year. For 2026, several notable changes could influence planning for retirement, savings, and overall tax strategy. Here are five key…
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Five Key 2026 Tax Changes: RRSP Limits, Brackets and More
What to expect in 2026: five important CRA updates Each fall, the Canada Revenue Agency (CRA) outlines the updates that will shape taxpayers’ bills in the coming year. For 2026, Canadians should be aware of several notable changes that could affect retirement saving, personal taxes, and ways to file. Here are five key tax changes…
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Canada Eyes Tougher Rules to Curb Bogus Tax Refunds from CRA
Overview: A Long-Needed Crackdown on Fraudulent Tax Refunding The 2025 federal budget introduces a set of proposed rules designed to stop the Canada Revenue Agency (CRA) from paying out fraudulent or misleading tax refunds. Tax fraud experts say the measures acknowledge a long-standing problem: the agency has repeatedly issued refunds that later turn out to…
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CRA Refunds: New Rules to Stop Bogus Payouts
Introduction: A Long-Overdue Fix The proposed 2025 budget introduces a set of rules designed to halt the flow of fraudulent refunds from the Canada Revenue Agency (CRA). Tax fraud experts describe the move as long overdue, noting that the government has repeatedly fallen for schemes that drain public coffers and undermine trust in the tax…
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Stop CRA Bogus Tax Refunds: New Rules in the 2025 Budget
Background: A long-standing vulnerability in the tax system The federal government’s 2025 budget includes a set of proposed rules designed to curb a familiar problem: bogus tax refunds flowing through the Canada Revenue Agency (CRA). Tax fraud experts say the measures are overdue, arguing that repeated gaps in the system have allowed con artists and…
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EU Pressure for Windows 10 Support Timelines: Clear Rules Urgently Needed
EU Pressure on Windows 10 Support Timelines Consumer protection groups across the European Union are increasing the pressure for clear, durable rules governing how long operating systems receive security updates. The debate centers on the vast number of Windows 10 devices still in use and the risk that extended lifespans for hardware outpace maintenance policies.…