Federal IVF and fertility tax credits: In 2022, the federal government broadened the Medical Expense Tax Credit (METC) to include more fertility and surrogacy-related expenses.

When it's time to do your taxes, having all of your tax slips is one of the most important steps to getting your return right the first time. What the CRA does - and doesn't - do The Canada Revenue ...

Under the scheme, all Indian citizens can make voluntary contributions and use the corpus to meet both outpatient (OPD) and ...

A health-linked pension scheme is introduced on a pilot basis under the regulatory sandbox. The key takeaway is a controlled test of medical expense support within NPS before wider ...

It’s especially important for individuals who do not have access to a defined benefit pension plan, providing a flexible and ...

Canada is a nation defined by its vastness. Spanning six time zones and featuring some of the most rugged, unforgiving terrain on the planet, the country poses unique logistical challenges […] ...

Learn how reimbursable out-of-pocket costs work, which expenses qualify, and what employees need to know about tracking and ...

Are dental expenses tax deductible? Depending on how much you spend on dental care during the year, you can likely deduct a portion of your dental costs.

If you had substantial health care expenditures last year, you may be able to deduct some of them from your taxable income. But many taxpayers miss out on this valuable tax break because they don't ...

One patient reports getting stuck with a $2,418 "facility fee" after seeing her doctor. "I didn't even know such a thing ...

FP Answers: Contributing to an RRSP will give you a tax deduction that can lower your taxable income and will usually result in tax savings. However, it may not always be the best idea in the long run ...