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Sustainable Development Strategy Details on transfer payment programs of $5 million or more Evaluations Fees Internal audits Response to parliamentary committees and external audits Project spending Financial performance information – Parliamentary appropriations Federal tax expenditures The tax system can be used to achieve public policy objectives through the application of special measures such as low tax rates, exemptions, deductions, deferrals and credits. ...

Additional resource Open and Accountable Government | Prime Minister of Canada (pm.gc.ca) provides additional information on central agencies. ...

Additional resource Open and Accountable Government | Prime Minister of Canada (pm.gc.ca) provides additional information on the basic rules for Cabinet business, the decision-making process and procedures, the legislative program, the Cabinet and Cabinet Committees, OICs, financial procedures, and international treaties. ...

Watch your limit when contributing to your Tax-Free Savings Account The best way to get the most out of your Tax-Free Savings Account while staying within your limits is to: Remember that the annual TFSA dollar limit is for all your TFSAs Calculate your contribution room before you contribute (check My Account + your contributions through your financial institution) Keep in mind that withdrawals aren’t added back to your contribution room until the next year Here’s some common mistakes people make when it comes to contributing to their TFSA: Scenario 1: Managing more than one TFSA with different financial institutions Johnny, an 18-year old resident of Canada, opens his first TFSA in February 2022 with Rose Bank. ...

The CRA also solicits feedback from Canadians through the guides – “Your opinion counts” and by accepting comments through an online mailbox. ...

If not a first time contributor opening a new RRSP, refer to Other contributions – Non-deductible RRSP contributions. ...

For information on how to make a general or technical enquiry on excise taxes, go to Contact Information – Excise and Specialty Tax Directorate. ...

For more information, see Form NR5 – 5-year Administrative Policy. If the CRA does not approve your NR5 application If the CRA does not approve your NR5 application or you do not send an application for the year, you may still choose to file a section 217 return. ...

Find out about the Community Volunteer Income Tax Program (or the Income Tax Assistance – Volunteer Program in the province of Quebec) by going to Free tax clinics. ...

Taxes and the platform economy Understand your tax obligations Sharing economy Gig economy Peer-to-peer (P2P) Social media influencers Understand your tax obligations If you earn revenue from any digital platform, you may have reporting obligations for income tax and the goods and services tax / harmonized sales tax (GST/HST). ...