The Canada Workers Benefit was devised to help low\u002Dincome Canadians keep more of the money they earn working. It\u0027s done the opposite. Read on.
is not as bad — you only lose 50 cents for every dollar earned — but it’s still a very sharp clawback, and it’s made even worse when you add income and payroll taxes to the mix, as well as the loss of non-monetary benefits such as insurance coverage.
To its credit, the federal government has recognized this problem. Unfortunately, its proposed solution of making payments
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