Our Tax Clinic returns June 5th and 19th for tax filing, virtually. To book an appointment, please send an email to taxes@thefei.ca

Category: Financial Literacy

Read insights, stories, and practical tips on financial literacy and community development. Our blog is a space for learning, reflection, and inspiration.

Community Free Tax Clinic opens in Edmonton

  The Financial Empowerment Initiative, in partnership with Dexteritas Inc, will offer a community-free tax clinic in Edmonton. The Edmonton Community Foundation and Africa Centre sponsor the tax clinic. The community-free tax clinic officially launches on the 1st of March. Virtual services start on the 23rd of February, 2023. The tax clinic runs from 1st…

Get ready to file your taxes

  As we look forward to filing your taxes for 2022, here are some things you need to keep in mind: The tax clinic is for people with low and modest incomes. $50k per annum is the threshold. The tax clinic opens on the 1st of March. Virtual filings start on February 23rd. Book your…

Benefits Payment dates

Here is some helpful information if you receive Federal benefits, including some provincial/territorial benefits. If you have your direct deposit set up, payments will be deposited in your account on these dates.   Goods and services tax/harmonized sales tax (GST/HST) credit January 5, 2023 April 5, 2023 July 5, 2023 October 5, 2023 Canada Child…

Community Free Tax Clinic – Information for Clients

For volunteers to complete your income tax and benefit return for you, make sure you have your tax information slips receipts social insurance number proof of identity Bring the following if applicable as well: T4 and T5 slips and any other income information Childcare expenses (if applicable) Donations (if any) Unreimbursed medical expenses (if any)…

What is an RRSP?

A Registered Retirement Savings Plan (RRSP) is a savings plan registered with the Canadian federal government that you can contribute to for retirement purposes. When you contribute money to an RRSP, your funds are “tax-advantaged,” meaning that they’re exempt from being taxed in the year you make the contribution. Any investment income earned from investments…

Gearing up for Free Tax Clinic 2023

LCCMedia Foundation, in partnership with Dexteritas Inc, is excited to announce that they are looking for volunteers to run their Free Tax Clinic in 2023. This year, they have added an additional location: Calgary. In 2023, LCCMedia Foundation will be operating from two locations. Edmonton and Calgary. It is not clear where the location in Edmonton will…

Happy New Year | Register to Volunteer

LCCMedia Foundation, in partnership with Dexteritas Inc, is excited to announce that they are looking for volunteers to run their Free Tax Clinic in 2023. This year, they have added an additional location: Calgary. They will be having in-person, virtual and drop-off sessions at both locations. The venues for both locations are yet to be…

How important is your credit score?

  I check my credit score with my bank regularly. But, recently, I was surprised when I needed to buy some furniture and asked to see my credit (as they had pulled it); it did not match the bank’s credit score. I wonder why this is so; Globe and Mail reporter wrote about credit rating…

How do I check my credit score?

From: Financial Consumer Agency of Canada   Credit bureaus in Canada may collect different information about how you’ve used credit in the past. Requesting your own credit report has no effect on your credit score. Learn more about credit reports and score basics. You can access your credit report online for free from Equifax and TransUnion….

Financial Empowerment Strategies

From: Financial Consumer Agency of Canada Financial empowerment strategies concern the root causes of poverty and financial outcomes for individuals and families living with low income. Because of this, they have been shown to affect long-term financial change, including improved credit ratings, increased savings and income, and reduced debt levels. When financial matters such as…