Canada Revenue Agency: 2 Crucial COVID-19 Tax Breaks for 2020

Author: External Author | Nov 11, 2020 | Categories: Business Advice , Business Planning , Financial Advisor , Financial Consultant , Financial Investment Planning , Investment Banking , Investment Planner , Investment Services , Personal Financial Management , Wealth Management

When COVID-19 spread throughout the world, personal finances and household budgets took a big hit. In Canada, the unemployment rate soared to 13.7% in May 2020 to beat the previous high of 13.1% in December 1982. Suddenly, people are anxious about expenses like mortgage, rent, food, transportation and taxes.

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Original Article Source Credits: Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By: Christopher Liew, CFA

Original Article Posted on: October 26, 2020

Link to Original Article: https://ca.finance.yahoo.com/news/canada-revenue-agency-2-crucial-124522648.html