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Service Canada

Are you eligible to qualify for CERB and how to apply

on Sat, 04/04/2020 - 16:30

*Updated on April 28, 4:45pm - updated details
*Updated on April 25, 9:15pm added tax treatment on CERB
*Updated on April 20, 9:36am - updated program expansion details from News releases from Prime Minister Office
*Updated on April 16, 9:45am - updated program expansion

So, we now have more information on the Canada Emergency Response Benefit.... 

First of all, who qualifies?

- You have to be 15 years old or up;
- You have to be residing in Canada;
- You have stopped working because of COVID19 whereas you didn't quit your job;
- You had at least $5,000 income (gross) in 2019 or in the 12

What to do if you still haven't receive all your tax slips

on Tue, 03/15/2016 - 18:07

By now, you should have already received your T4/T4As, T3s and T5s, majority of us would have gotten your RRSP receipts for your 2015 RRSP contributions. Some of you, however, might still be waiting on their first 60 days RRSP contribution receipts. If that’s the case, this is the time you can start calling the financial institutions for them.

In most cases, all companies have till the end of February to issue any T4s/T4As to our employees or associates. Bear in mind, if you miss the deadline, CRA will penalize you, not to mention you might screw up your employees or associates’ tax filing.

Why you want to stop "maxing out your RRSP"

on Thu, 11/07/2013 - 22:53

Since the federal government pushed out "RRSP" in 1957, due to the fact that we get tax deduction from contributions we make, the banks and majority of financial advisors had been telling their clients to contribute into RRSP. RRSP, as the name suggested, was to promote savings for retirement by employees and self-employed people, because the federal government knew already back then, the CPP system will not be able to support all the retirees down the road. So, they came up with "tax deduction" as an incentive, to attract people to "save for retirement".

However, as time goes along, getting

Tips to Help Startups Hit the Ground Running

on Thu, 11/07/2013 - 06:34

Eve came to me and offered her write-up to as guest post. I open and welcome any like-minded to do the same, always great to learn from one another :) Enjoy!

Business startups in Canada face a frequently bewildering array of financial challenges. These can however be resolved into the main areas of tight cashflow, under-capitalization and financial restrictions in the shorter term. Despite these hurdles, the good news is that over 80 per cent of start-ups in Canada manage to keep going past the one year mark.  

There is a sting in the tail, however.

A recent change on Service Canada's web access

on Fri, 02/22/2013 - 18:22

I previously wrote a post What is my CPP going to look like? on how to set up your account with Service Canada, so that you can check how your CPP looks and see your "Record of Employment"s online. 

So, it turns out they have made changes recently. We no longer need "Access Key" to get into the site. On the My Service Canada Account page (, you either a first-time user or a returning user, for those who had an access key already, the transition steps are pretty straight forward.

New steps to registration for access to Service Canada's

What is my CPP going to look like?

on Fri, 01/27/2012 - 16:31

I have been asked quite a few times in the last 2 weeks regarding how to get information on personal CPP... So I decided to put up a blog post on it :)

Some people might ask, I am nowhere close to retirement, why do I want the information on my CPP? Why do I care? Yes, you do... Retirement planning is a long term strategy, you definitely don't want to look into that until you are 2 years away from your retirement.