Changes to Taxes and Benefits in 2024

It's Personal Finance Canada

26-02-2024 • 38 mins

The government giveth, and the government taketh away. This week we catch you up on several changes the federal government has unleashed in 2024. Changes that’ll put more or less money in your pocket, or realistically give you more so they can take even more back. Get ready for repriced carbon tax, new dental care options, increased TFSA limits and more.


If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com


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Useful Resources:


Canada Carbon Rebate amounts for 2024-25:\ https://www.canada.ca/en/department-finance/news/2024/02/canada-carbon-rebate-amounts-for-2024-25.html


Fuel Charge Rates: https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/fcrates/fuel-charge-rates.html


Who is eligible Carbon Rebate: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/cai-payment/who-eligible.html


Canadian Dental Care Plan: https://www.canada.ca/en/services/benefits/dental/dental-care-plan.html

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