No, the CRA doesn’t send or receive payments using e-Transfers. Any email or text message claiming to be from the CRA asking for payment or offering a refund is a scam. Ignore and delete it, and don’t click on links or attachments.
The Canada Pension Plan (CPP) provides a basic guaranteed monthly pension amount based on working Canadians’ contributions to the plan until retirement. Anyone who makes at least one valid contribution during their lifetime is eligible to receive benefits. Quebec residents have a similar program, called the QPP, that’s also changing to reflect CP changes.
If you are self-employed, you are likely getting ready to submit your federal income tax return. Read on for an overview of federal income tax for the self-employed. Your province or territory will have requirements for their own returns, so be sure to check with your local tax portal online.