Author: unityfs.ca
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Term vs. Whole Life Insurance: Which Is the Better Choice in 2025?
By Unity Financial Services📞 Call us: 438-701-3770 | 🌐 Visit: unityfs.ca 🌟 Term vs. Whole Life Insurance: Which Is the Better Choice in 2025? 🌟 Introduction When it comes to protecting your family’s future, life insurance is one of the most important decisions you’ll ever make. But the question remains:👉 Should you choose Term Life…
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Bank of Canada Cuts Interest Rate to 2.50%: What It Means for Canadians
By Unity Financial Services – Montréal, Québec On September 17, 2025, the Bank of Canada (BoC) announced a new policy move: it lowered its key overnight lending rate by 25 basis points, bringing it down to 2.50% — the lowest level in nearly three years. This decision marks the first rate cut in six months…
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💡 How to Avoid Common Financial Mistakes Newcomers Make in Canada
Moving to 🇨🇦 Canada? Exciting! 🎉 But here’s the truth: navigating money in a new country isn’t always easy. From credit scores to taxes, many newcomers slip up and lose $$$ because they don’t know the system. At Unity Financial Services, we’ve seen it all — and we’re here to make sure YOU don’t make…
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💰 Tax Saving Options in Canada: What’s New for 2025
By Unity Financial Services – Helping Canadians Save Smarter Tax planning in Canada is never static. Each year, new rules and policy changes create fresh opportunities — and sometimes risks — for individuals, families, business owners, and investors. Here’s what actually changed at the federal level in 2025, and how you can plan smarter to…
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💰 GST/HST Credit in Canada (2025–2026): Exactly How Much You Can Get?
If you have low to modest income, the GST/HST credit is a simple way to get tax-free money back, four times a year. Below we explain who qualifies, how amounts are calculated, the updated 2024-base-year figures, and how Unity Financial Services makes sure you don’t leave money on the table. ✅ What is the GST/HST…
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Daily Tax Tip: Don’t Miss These Overlooked Deductions Before You File!
As we head into the fall, many Canadians are already getting organized for next year’s tax season. If you’re looking to boost your refund or lower your balance owing, today’s tip is for you. Three Commonly Missed Tax Deductions: Quick Reminder: RRSP Contributions Still Matter! Even though the RRSP deadline for the 2024 tax year…
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2025 CRA Tax Changes: What Canadians Need to Know This Tax Season
Tax season 2025 is here — and with it, the Canada Revenue Agency (CRA) has introduced several important updates that affect both individuals and businesses. Whether you’re filing for the first time or you’re an experienced taxpayer, understanding these changes can help you maximize your refund, reduce stress, and avoid costly penalties. At Unity Financial…
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What are Welcome to Canada Benefits?: Essential Federal Benefits for Newcomers
Settling into a new country can be challenging—but Canada offers meaningful support for newcomers from day one. Whether you’re a permanent resident, protected person, or temporary resident (such as a student or worker), there are numerous federal benefits and credits designed to ease your transition and help your family thrive. In June 2025, the Canada…
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How to Make a CRA Account?
If you are a Canadian taxpayer, having access to your CRA (Canada Revenue Agency) My Account is almost essential. Whether you’re checking your RRSP deduction limit, tracking your tax return status, managing benefit payments like the Canada Child Benefit (CCB), or accessing your T4 slips online — the CRA account makes all of it possible…
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GST/QST/HST Survival Guide for Small Businesses
Running a small business in Canada is exciting — but it also comes with responsibilities, especially when it comes to sales taxes. Between GST (Goods and Services Tax), QST (Québec Sales Tax), and HST (Harmonized Sales Tax), things can get confusing quickly. This simple guide will help you stay compliant, avoid penalties, and keep your…