Notes for Newcomers
1. Canada Child Benefit (CCB)
If you have new baby or recently became a permanent resident and have children under 18, you may be eligible for the Canada Child Benefit (CCB).
The benefit amount depends on your family income and decreases as income increases.
Learn more and apply here:
Canada Child Benefit Overview
2. GST/HST Credit
Permanent residents, work permit holders, and even international students may qualify for the GST/HST Credit, a refund for low-income residents.
More details and the application form:
GST/HST Credit Form RC151
https://www.canada.ca/en/revenue-agency/services/forms-publications/forms/rc151.html
3. Foreign Property Reporting
Canadian residents (individuals or corporations) who own specified foreign property costing more than $100,000 must report it on their tax return.
More information and the required form:
Foreign Income Verification Statement
