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Tag: CRA

Canada / Finance/Business

CRA has given COVID-related benefits to ineligible recipients, now owes $10 Billion

December 30, 2025 - by cmedia

Toronto/CMEDIA: Canada Revenue Agency (CRA) data review revealed about $14 billion in COVID-related benefits  was given to ineligible individuals because they didn’t meet the income requirements. Given under the Canadian …

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Canada / Finance/Business

Canada Carbon Rebates for Small Businesses to be non-taxable

July 4, 2025July 4, 2025 - by cmedia

Ottawa/CMEDIA: A draft legislation reportedly has been issued by François-Philippe Champagne, Canada’s Minister of Finance and National Revenue to ensure that all Canada Carbon Rebates for Small Businesses are provided …

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Canada / Finance/Business / Politics

CRA shrinks in 2025 for first time in a decade, confirms 280 Job cuts mostly in the capital region

May 23, 2025May 23, 2025 - by cmedia

The Canada Revenue Agency (CRA) reportedly in its latest announcement said that it is cutting up to 280 more employees this spring. CRA informed employees on Thursday that it was proceeding with …

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Canada / Finance/Business

Federal Immigration Dept eliminating 3,300 jobs over three years

January 21, 2025January 21, 2025 - by cmedia

Job Cuts. Representational Image by Unsplash/The Jopwell Collection Ottawa/CMEDIA: Reportedly 3,300 positions are being eliminated at Immigration, Refugees and Citizenship Canada (IRCC), a federal union has warned.  The potential job …

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Canada / Finance/Business / Politics

Canada Revenue Agency to administer Capital gains tax despite not being passed in parliament

January 7, 2025January 7, 2025 - by cmedia

Ottawa/CMEDIA: Even though Canada Revenue Agency reportedly hasn’t passed capital gains tax in Parliament which is prorogued until March 24, it will continue to administer it the federal government said. Taxation proposals such as …

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Canada / Finance/Business

Canada Revenue Agency releases updated federal income tax brackets

November 22, 2024November 22, 2024 - by cmedia

Toronto/CMEDIA: Updated federal income tax brackets reportedly for 2025 have been released by the Canada Revenue Agency (CRA), reflecting adjustments for inflation. Although federal tax rates remain the same, the …

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Canada

Canada Revenue Agency employees fired for claiming CERB hiked from 185-232

March 27, 2024March 27, 2024 - by cmedia

#Canada;  #CanadaRevenueAgency, #CRA,  #CRAEmployees #CanadaEmergencyResponseBenefit, #CERB, #Covid19 Toronto/IBNS: There has been reportedly an increase in Canada Revenue Agency (CRA) employees having been fired for improperly claiming the COVID-era Canada Emergency …

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Canada / Politics

Canada Revenue Agency fires 120 employees for ‘inappropriately claimed’ CERB payments

September 1, 2023September 1, 2023 - by cmedia

#CRA; #CERBFraud Toronto/CMEDIA: Following an internal review,  the Canada Revenue Agency (CRA) has reportedly let go 120 employees who “inappropriately claimed the Canada Emergency Response Benefit (CERB)” during the COVID-19 pandemic. …

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Canada / Politics

Taxpayers spending hours on hold with CRA, despite repeated promises of faster service

August 16, 2023August 16, 2023 - by cmedia

Taxpayers on long hold. Representational image by Berkeley Communications on unsplash #Taxpayers; #CRA CMEDIA:  Hundreds of millions of dollars have been earmarked by the federal government to improve customer service …

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Canada / Politics

CRA withholding tax refunds, other benefits of Canadians while they wait review of their CERB eligibility status

May 14, 2023May 15, 2023 - by cmedia

Canadians waiting for a decision of a review of their eligibility status regarding pandemic benefits, after having received these by mistake, might see their tax refunds or other benefits being …

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