CanadiaNow

Finance & Taxes covers practical money and tax basics for newcomers and residents in Canada. It explains how taxes work, when you may need to file a return, and how benefit and credit payments are connected to your tax filing.

What you’ll find in this section:
– Newcomer tax basics (residency for tax purposes and first return questions)
– Filing your personal income tax return and common mistakes to avoid
– CRA benefits and credits (including GST/HST credit) and payment schedules
– Setting up direct deposit for CRA payments
– Everyday banking basics (opening an account, understanding fees)
– Credit report and credit score basics (how to check and protect your information)

Reality check: This content is informational only. Rules can change, and personal situations differ. Always confirm details using official CRA and Government of Canada resources before making financial decisions.

CRA — Newcomers to Canada and the CRA
https://www.canada.ca/en/revenue-agency/services/tax/international-non-residents/individuals-leaving-entering-canada-non-residents/newcomers-canada-immigrants.html

Canada.ca — Who should file a tax return
https://www.canada.ca/en/services/taxes/income-tax/personal-income-tax/who-should-file-tax.html

CRA — Completing your return for newcomers
https://www.canada.ca/en/revenue-agency/services/tax/international-non-residents/individuals-leaving-entering-canada-non-residents/newcomers-canada-immigrants/completing-return-newcomers.html

CRA — GST/HST credit (overview)
https://www.canada.ca/en/revenue-agency/services/child-family-benefits/gst-hst-credit.html

CRA — GST/HST credit payment dates
https://www.canada.ca/en/revenue-agency/services/child-family-benefits/gst-hst-credit/payment-dates.html

CRA — Direct deposit (individuals)
https://www.canada.ca/en/revenue-agency/services/about-canada-revenue-agency-cra/direct-deposit/individuals.html

Service Canada — SIN overview
https://www.canada.ca/en/employment-social-development/services/sin.html

Service Canada — Apply for a SIN
https://www.canada.ca/en/employment-social-development/services/sin/apply.html

FCAC — Opening a bank account
https://www.canada.ca/en/financial-consumer-agency/services/banking/opening-bank-account.html

FCAC — Credit report and score basics
https://www.canada.ca/en/financial-consumer-agency/services/credit-reports-score/credit-report-score-basics.html

FCAC — Getting your credit report and score
https://www.canada.ca/en/financial-consumer-agency/services/credit-reports-score/order-credit-report.html

New Canada Child Benefit Payment Coming Early On December 12

New Canada Child Benefit Payment Coming Early On December 12

Caglar Aybas

Updated July 2026. The Canada Child Benefit (CCB) payment for December 2025 arrived early — on Thursday, December 12, instead ...

New Canada Workers Benefit Payment Increase Coming In 2026

New Canada Workers Benefit Payment Increase Coming In 2026

Caglar Aybas

Updated July 2026. The Canada Workers Benefit (CWB) increased for 2026 as part of the CRA’s annual inflation-based adjustment, giving ...

New Ontario Trillium Benefit Payment To Be Sent On December 10

Ontario Trillium Benefit: How It Works and What You Can Get in 2026

Caglar Aybas

Updated July 2026. The Ontario Trillium Benefit (OTB) is a non-taxable monthly payment, administered by the CRA on behalf of ...

3 New CRA Benefit Payments For Ontario Residents In December 2025

3 New CRA Benefit Payments For Ontario Residents In December 2025

Caglar Aybas

Updated July 2026. Ontario residents received three CRA-administered benefit payments in December 2025. Here’s the full schedule and what each ...

Canada PR Report — 80+ pathways Not a lawyer. Not $400. Just clarity.
$39.90 →