Income Tax Deadline

Michelle Mak Finance, Newcomer Information, Updates

Due to the COVID-19 crisis, the income tax deadline has now been extended to  June 1 for T1 individuals, and the June 15 filing deadline for T1 self-employed individuals (sole-proprietors). Please note that if the 2019 tax return is not assessed in time, benefits and/or credits for the July to September 2020 payments will be based on information from 2018 …

More Supports for Small Businesses

Michelle Mak COVID-19, Finance, Newcomer Information, Updates

On April 16, 2020, Prime Minister, Justin Trudeau, announced new measures to support Canadian small businesses. The Government of Canada is: Helping a wider range of Businesses: Expanding the Canada Emergency Business Account (CEBA) to businesses that paid between $20,000 and $1.5 million in total payroll in 2019. The previous range was $50,000 to $1 million. Helping Small Businesses with …

Calgary Arts Development Short-Term Artist Relief Fund Program

Michelle Mak Community, Finance, Newcomer Information

The Calgary Arts Development Short-Term Artist Relief Fund Program is a temporary one-time program to help address some of the immediate impacts of the COVID-19 pandemic on artists in Calgary. “This fund is intended to support artists and freelance cultural workers who have lost income or incurred unrecoverable expenses, related to their artistic work, due to event cancellations or travel …

Calgary Legal Guidance Immigration Line

Michelle Mak Community, Finance, Newcomer Information, Updates

If you have any questions about: Matters with an urgent deadline, e.g. Pre-Removal Risk Assessment (PRRA) notification, Removal Order (Departure, Exclusion, Deportation) Scheduled immigration hearings, e.g. Refugee Protection Division, Refugee Appeal Division, Immigration Appeal Division, Federal Court Inside-Canada refugee claim Refused sponsorship Humanitarian & Compassionate Application made and refused Letter from Canada Border Services Agency with an appointment time You …

Applying for Alberta’s Emergency Isolation Support

Michelle Mak COVID-19, Finance, Newcomer Information, Updates

The Government of Alberta’s Emergency Isolation Support program is now closed after successfully distributing funds to over 79,596 eligible Albertans since the launch of the program, for a total of approximately $91.7 million, close to double the amount originally allocated. The Government of Alberta has announced an Emergency Isolation Support for eligible working Albertans. Those who are eligible can receive a one …

Income Tax Deadline Extension

Michelle Mak Finance, Newcomer Information, Updates

On March 18, 2020, Prime Minister Justin Trudeau announced new measures to help stabilize the economy during this time. One of the measures is flexibility for tax payers. “In order to provide greater flexibility to Canadians who may be experiencing hardships during the COVID-19 outbreak, the Canada Revenue Agency will defer the filing due date for the 2019 tax returns …

How to Manage your Money in Alberta

Michelle Mak Finance, Fun Facts, Newcomer Information

Want to learn practical financial management tips and resources to help you invest in your new beginning? Immigrant Services Calgary has a How-to & Smart Tips Video Series that discusses many topics that is beneficial to newcomers. Click here to watch How to Manage your money in Alberta!

2019 Income Tax Package

Michelle Mak Finance, Newcomer Information

If you filed on paper last year, you will receive through mail from the Canada Revenue Agency (CRA), an income tax package and the forms and schedules book by February 17, 2020. For extra copies of this package, you can visit Canada.ca/taxes-general-package. You can also order the Forms and Schedules Book at Canada.ca/get-cra-forms or call CRA at 1-855-330-3305. For more …

RRSP Deadline Coming Up

Michelle Finance

An RRSP is “Registered Retirement Savings Plan”. You can set up an RRSP through a financial institution such as a bank, credit union, trust or insurance company. Your financial institution will advise you on the types of RRSP and the investments they can contain. Any income you earn in the RRSP is usually exempt from tax as long as the …