Category: Uncategorized
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🧾 What Is QPP and Can You Get It Back If You Leave Canada?
🧾 What Is QPP and Can You Get It Back If You Leave Canada? If you’ve ever looked at your Québec pay stub and wondered —“What’s this QPP deduction and can I ever get it back?” — you’re not alone. Let’s break it down in simple terms 👇 💡 What Is QPP? QPP stands for…
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🏠 Can You Open an FHSA If Your Spouse Already Owns a House?
🏠 Can You Open an FHSA If Your Spouse Already Owns a House? Here’s What the CRA Really Says Many Canadians are opening First Home Savings Accounts (FHSAs) to save thousands in taxes when buying their first home.But what if your spouse already owns a home and you don’t?Can you still open an FHSA and…
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💞 Spousal RRSP: The Secret Tax Strategy Every Canadian Couple Should Know
💞 Spousal RRSP: The Secret Tax Strategy Every Canadian Couple Should Know When it comes to building wealth as a couple, most people think of joint bank accounts or shared investments — but few realize that one of the best financial hacks in Canada is something called the Spousal RRSP. It’s not just another retirement…
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How to Register a Federal Corporation in Saskatchewan (2025 Guide)
How to Register a Federal Corporation in Saskatchewan (2025 Guide) Starting a business in Canada? Registering a federal corporation gives you national recognition and the flexibility to operate across provinces.If your business will also operate in Saskatchewan, there’s one extra step you can’t skip — extra-provincial registration. This guide walks you through the exact process,…
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💰 Do You Pay Tax on Lottery Winnings in Canada? The Truth Might Surprise You
💰 Do You Pay Tax on Lottery Winnings in Canada? The Truth Might Surprise You Published by Unity Financial ServicesFinancial Literacy • Tax Tips • 2025 Edition 🎉 Imagine This… You just hit the jackpot — millions in your account overnight.The first question that comes to mind?“How much will the government take?” Here’s the good…
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🎓 Paid Over $20,000 in Tuition But Got $0 Back? Here’s Why (Explained Simply)
🎓 Paid Over $20,000 in Tuition But Got $0 Back? Here’s Why (Explained Simply) Meta Description:Paid more than $20,000 in tuition but didn’t get a refund? Learn how tuition tax credits really work in Canada, why you didn’t receive money, and what to do to benefit later. 💡 The Truth About Tuition Tax Credits in…
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👶 QPIP Maternity Benefits in Québec — How Much Will You Really Get? When you’re preparing for maternity leave, one of the biggest questions is:“How much will I actually get from QPIP?” The Québec Parental Insurance Plan (QPIP) provides income replacement when you take time off for pregnancy, birth, or adoption — but unlike Employment…
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⚠️ Did You Know? Even Inactive Corporations Must File a T2 Tax Return in Canada
⚠️ Did You Know? Even Inactive Corporations Must File a T2 Tax Return in Canada Many small business owners assume that if their company had no income, no activity, or is temporarily inactive, they can skip filing corporate taxes.❌ That’s not true. Under Canada Revenue Agency (CRA) rules, every incorporated business must file a T2…
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💡 Why Bitcoin Prices Keep Rising in 2025 — What Canadians Should Know
💡 Why Bitcoin Prices Keep Rising in 2025 — What Canadians Should Know Educational insights by Unity Financial Services 🌎 Bitcoin’s Surge in 2025: What’s Driving It? Bitcoin has been making headlines again in 2025, reaching new highs and drawing the attention of investors, media, and policymakers alike.But why is it going up? Let’s look…
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💰 Why Haven’t I Received My 2025 Tax Refund? (Or How Long Is the Wait?)
💰 Why Haven’t I Received My 2025 Tax Refund? (Or How Long Is the Wait?) If you filed your 2025 income tax return and are still refreshing your CRA account hoping for that “Refund issued” update — you’re not alone. Thousands of Canadians are wondering the same thing this year. At Unity Financial Services, we…