Yahoo Canada Web Search

Search results

  1. Aug 13, 2021 · Link https://www.gov.nl.ca/releases/2021/cssd/0813n09/ Date August 13, 2021 Text Announcing the CanadaNewfoundland and Labrador Housing Benefit

  2. August 13, 2021. Every Canadian deserves a safe and affordable place to call home. That is why the Government of Canada partnered with the Government of Newfoundland and Labrador to provide additional support to thousands of low-income households across the province.

    • News release
    • Quotes
    • Quick facts
    • Stay Connected

    For many Canadians, rising inflation and the high cost of living have made it even more challenging to find a safe and affordable place to call home.

    December 12, 2022             Ottawa, Ontario              Canada Revenue Agency

    For many Canadians, rising inflation and the high cost of living have made it even more challenging to find a safe and affordable place to call home. Renter households are four times more likely to experience core housing needs than homeowners. That is why the Government of Canada has taken concrete action to help renters who need it most. 

    Today, the Honourable Diane Lebouthillier, Minister of National Revenue, and the Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion, are taking action and announcing that applications for the new one-time top-up to the Canada Housing Benefit are now open. This benefit is a one-time payment of $500 to eligible lower-income renters experiencing housing affordability challenges.

    Canadians must meet all the following conditions to be eligible for the new benefit:

    •have filed a 2021 tax return;

    “During the pandemic, when Canadians needed support, the Agency rolled up its sleeves and rose to the occasion. It will do so again by ensuring that eligible Canadians can apply for the one-time top-up to the Canada Housing Benefit in a simple and secure way. Our government has delivered and will continue to deliver concrete results for Canadians who need it most.”

    - The Honourable Diane Lebouthillier, Minister of National Revenue

    “The one-time top-up to the Canada Housing Benefit is crucial in helping low-income renters, who are finding it increasingly difficult to make ends meet. It is meant to help our most vulnerable neighbours by offering immediate relief during these challenging times. Through this payment, our government is demonstrating its commitment to helping those who need it most. This additional support will make a real difference in the lives of many Canadians.”

    - The Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion

    "This is a great example of our government's commitment to helping the most vulnerable members of our communities avoid chronic homelessness here in Ottawa and across our country. A $500 top-up will make a tangible difference in the lives of those struggling to make ends meet."

    – Yasir Naqvi, Member of Parliament for Ottawa Centre

    •The one-time top-up to the Canada Housing Benefit provides support to lower-income renters who are struggling with the cost of rent. This benefit consists of a tax-free payment of $500 to applicants with an adjusted family net income of $20,000 or less for individuals, and $35,000 or less for families.

    Taxpayers can also securely access CRA My Account from their My Service Canada Account without having to sign in again or revalidate their identity. The link will take them directly to CRA My Account within a single secure session.

    When applicants sign up for a CRA My Account, they can still access limited services in My Account to apply for the benefit and do not need to wait for their security code in the mail.  

    The CRA will use its full suite of existing compliance tools to verify an applicant’s identity and eligibility, including an up-front verification of the applicant's income, age, and residency.

    • Canada Revenue Agency
  3. Nov 5, 2023 · The Canada-Newfoundland and Labrador Housing Benefit is for households that are renting their home and with a total household net income of $32,500 or less. For households in Labrador West or the North Coast of Labrador, the household net income limit is $65,000.

  4. Aug 13, 2021 · The Canada Housing Benefit is expected to provide affordability assistance to approximately 300,000 Canadian households in need. The total combined funding (CMHC funding and cost-matching) under the bilateral agreement with Newfoundland and Labrador, which includes the Canada Housing Benefit, is more than $345 million.

  5. Feb 6, 2024 · The Canada Housing Benefit, co-developed with provinces and territories, is jointly funded with $4.8 billion over eight years to provide direct financial support to Canadians who are experiencing housing need, including $630 million dedicated to those facing gender-based violence.

  6. People also ask

  7. Jul 11, 2024 · The Government of Canada and the Government of Newfoundland and Labrador today announced an enhancement to the Canada Housing Benefit that will provide additional housing supports for survivors of gen... Read More