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How to Save On Taxes in Canada, Featuring Tax Expert Neal Winokur

Build Wealth Canada Podcast

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Can't a Child Benefit Payments Be Worthwhile?

In Ontario, there's now a refundable tax credit for child care. If you don't have an r e s p, ar, s registered education and savings plan, that's for to save money for your kids to go to college or university. The government matches it up to 500 dollars each year if you put in 25 hundred every year. You can get as much as seven thousand dollars over the life of the account.

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