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As of July 2026, the GST Credit has been renamed to the Canada Groceries and Essentials Benefit. Eligibility rules remain the same. Benefit amounts will increase by 25%. Eligible recipients will also automatically receive a one-time top-up payment in June 2026 equal to 50% of their annual GST entitlement. Individuals must have filed their tax returns to receive the benefit.
NEW. If you are a first-time home buyer for a home purchased after March 20, 2025, you may be eligible for the new First-Time Home Buyers' (FTHB) GST Rebate. This rebate eliminates the GST paid on a new home valued up to $1 million. If your new home is valued between $1 and $1.5 million, the rebate will be proportionally reduced based on the purchase price.
*You may be eligible for for the FTHB GST rebate in addition to the GST new housing rebate. If you are eligible for both, the FTHB rebate acts as a top-up to the GST new housing rebate.
The Canada Disability Benefit is a new program that provides individuals between 18 and 64 years old support payments of $200 per month. This program started in June 2025 and is for those who have been approved for the Disabilty Tax Credit. For more information on how to apply, please go to Service Canada's site.
Click here for more information: 
https://www.canada.ca/en/services/benefits/disability/canada-disability-benefit.html
As of June 16, 2025, CRA is switching businesses over to receiving online mail. This means that most of your business-related mail from CRA will no longer be sent via Canada Post - this includes items such as source deductions forms and GST remittance vouchers. In order to view mail, you must create an online account with CRA.
This applies to all individuals and businesses who have a GST number, unless you have never registered an online CRA account for yourself or your business, and if you have never authorized an accounting firm to access your CRA information.
CRA is allowing individuals to opt out of online mail and stay on paper mail. In order to keep receiving paper mail, please fill out this form and mail it to CRA. This form must be submitted every two years to remain on paper mail. If you are a client of Friesen Accounting, we may start this process for you.
Note that if you do not take action, you may stop receiving paper mail which could result in you missing important notices and accumulating penalties and interest.
Visit CRA's website for more information.
NEW. The Canada Dental Care Program helps pay for a wide range of dental services. It is available for people of all ages. The amount of coverage is dependent on family income. Click here for more information.
Invest up to $40,000 into an FHSA to save for a down payment on a home.
UPDATE. Bare trusts are exempt from filing requirements for 2023, 2024 and 2025.
CRA has announced new filing requirements for Bare Trusts starting December 31, 2023. Please click here for more details.
ph 780 928 3277 email FAL96@telusplanet.net Friesen Accounting (1996) Ltd. 10013 -101 Ave Box 330 La Crete AB T0H 2H0