Many newcomers don’t realize that filing a tax return — even with little or no income — is what unlocks a stream of benefit payments. This is money you’re entitled to.
The big ones
- Canada Child Benefit (CCB): a tax-free monthly payment of up to ~$7,997/child per year, depending on income. Details.
- GST/HST credit: a quarterly payment for lower-income residents — activated simply by filing.
- Canada Workers Benefit: a refundable credit for low-income workers.
- Provincial benefits that vary by where you live.
File for free
You don’t need to pay for tax software. Wealthsimple Tax is free, and free tax clinics (CVITP) have trained volunteers prepare your return at no cost.
Tax-advantaged accounts to open early
A TFSA (tax-free growth) and, if you’re saving for a first home, an FHSA are powerful — start small and let time work. The full list of benefits and worked examples is in the book.
Get the full picture. This is one chapter of your first year. The complete guide — in order, with 13 fillable worksheets — is in Your First Year in Canada. And grab the free First-30-Days Checklist + resource hub.
General information, not legal, financial, or immigration advice. Programs and amounts change — verify with official sources before deciding. Current as of 2026.
