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Benefits Table

 

BENEFIT DESCRIPTION BENEFIT AMOUNT ELGIBILITY REQUIREMENTS ON-LINE RESOURCE
Increasing the Canada Child Benefit (CCB) Extra $300 per child for 2019-2020 beginning in May Those with children under 18 who meet the eligibility requirements https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-child-benefit-overview/canada-child-benefit-apply.html
Special GST Credit One-time special payment by early May Low to modest income families.  Please speak with an accountant for more details https://www.canada.ca/en/revenue-agency/services/child-family-benefits/gsthstc-eligibility.html
Extra Time to File Income Tax Returns Deferring 2019 filing date for individuals until June 1, 2020 with payment deferred until August 31, 2020 Those required to file individual income tax returns in Canada.  Please speak with an accountant for more details https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update.html
Mortgage Support Possible deferral of mortgage payments Case-by-case basis.  Please contact your financial institution for more information or reach out to me and I will connect you with a mortgage broker that can help explain the pros and cons to deferring payments https://cba.ca/mortgage-deferral-to-help-canadians-experiencing-financial-hardship-due-to-covid-19

NOTE: the landing page for the above link has additional links to 6 major banks and the support each is offering to their customers

Canada Emergency Response Benefit (CERB) $2000 per month for up to 4 months.  This is a taxable benefit It appears as if many people facing loss of or disruptions to employment will be eligible.  The CREB will be accessible through a secure web portal beginning in early April https://www.canada.ca/en/department-finance/news/2020/03/introduces-canada-emergency-response-benefit-to-help-workers-and-businesses.html
Improved Access to Employment Insurance (EI) Waiving the requirement to provide a medical certificate to access EI sickness benefits Apply as soon as possible.  A delay may mean a loss of benefits.  For those who are sick, quarantined, or have been directed to self-isolate https://www.canada.ca/en/services/benefits/ei/ei-sickness/apply.html
Employment Insurance (EI) Varies Those who have lost their job through no fault of their own https://www.canada.ca/en/services/benefits/ei/ei-regular-benefit/eligibility.html
Reduced minimum withdrawals for Registered Retirement Income Funds (RRIFs) Reduced by 25% for 2020 Please speak with your accountant for more details https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/registered-retirement-income-fund-rrif.html
Canada Student Loans 6-month interest-free moratorium on the repayment of Canada Student Loans All Canada Student Loan borrowers https://www.canada.ca/en/employment-social-development/corporate/notices/coronavirus.html
BC Emergency Benefit for Workers One-time $1000 payment BC residents who have lost income because of COVID-19.  Applications will be open “soon” apparently. No further details at this time https://www2.gov.bc.ca/gov/content/employment-business/covid-19-financial-supports
Climate Action Tax Credit One-time enhancement to the climate action tax credit.  Amount varies Paid out in July, 2020 for low to moderate income families.  Please speak with your accountant for more details https://www2.gov.bc.ca/gov/content/taxes/income-taxes/personal/credits/climate-action
Provincial Housing Halting Evictions and Rent Increase Freeze Halting evictions and freezing rental increases and providing a rental supplement for low to moderate income tenants The rental supplement is currently for 3 months and is accepting applications in mid April.  The benefit will be paid directly to landlords. The temporary rent supplement will provide up to $500 per month https://www.bchousing.org/COVID-19
BC Student Loans 6-month freeze on BC student loans All BC Student Loan borrowers starting automatically on March 30,2020 https://www2.gov.bc.ca/gov/content/employment-business/covid-19-financial-supports
BC Hydro Customer Crisis Fund Grants up to $600, bill deferment, or flexible payment plans Some customers experiencing job loss, illness or lost wages due to COVID-19 https://www.bchydro.com/news/press_centre/news_releases/2020/bill-relief-covid-19.html

https://app.bchydro.com/accounts-billing/bill-payment/ways-to-pay/customer-crisis-fund.html

ICBC Defer payment up to 90 days with no penalty Some customers on a monthly payment plan who are facing financial challenges due to COVID-19 https://www.icbc.com/about-icbc/contact-us/Pages/covid-19.aspx

FANTASY FOOTBALL POOL BEGINNING THIS SEPTEMBER!

Welcome to the FREE FOR ALL!

As the name of the pool suggests, this pool is FREE for all who want to participate…even for Packer fans. There’s no obligation, entry fee, or purchase necessary and you will not be receiving any annoying emails. It is a pool that has been created to connect with like-interested people who are fans of fun, football, and (fingers crossed) winning prizes. There’s a whopping $2500 worth of weekly and season-long prizes to be won.

This is a confidence pool that runs for the duration of the 17 week NFL regular season. It’s a really fun format that’s easy enough for casual fans to learn while still challenging enough for passionate football fans to enjoy. If you’d like more information about the pool and the super sweet prizes, simply click the link provided here to view the information package.

To enter, follow the registration instructions provided below:

Once the registration has been received, you will be emailed league access instructions within 24 hours. Please follow these instructions to complete your registration.

This pool is open to all BC residents who are 19 years of age or older at the time of entry. Only one entry per person is permitted.

Thank you for your interest in what is sure to be another fun and exciting season.

Good luck to all who enter. And remember, LIST WITH CONFIDENCE!

GIVEAWAY TIME!

Enter to WIN 2 tickets to an upcoming Vancouver Canadians Baseball Game Sunday, July 14th at beautiful Nat Bailey Stadium. This is one of my family’s favourite summer highlights – not just a C’s game, but this particular game because this is youth jersey giveaway night! The first 500 kids (12 and under) through the gate receive a Jersey T-shirt presented by A&W. There’s also $1 A&W Root Beer Floats and the chance to Run the Bases post-game! In addition, C’s games are loaded with family fun from the kids’ activities located down the left field line, to the dancing grounds crew, 3-foot-long hot dogs, and the in-between inning entertainment like the sushi race (“go, soy sauce!”), and checking out this game is sure to be a “hit!”

This contest is open to all residents of BC who are 19+ years of age at the time of entry. Deadline for entry is June 30th at midnight. The winner will be selected by random draw on July 1, 2019. The winner will be notified by phone and/or email and will have 24 hours to claim their prize or it will be forfeited and a new prize winner will be drawn.

Good luck to all who enter and Happy Canada Day, eh!
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LEGO® House Winner

Thank you to everyone who submitted an entry to the LEGO® house building contest. There were some absolutely incredible entries. Congratulations to Tim who built this beauty and whose name was selected by random draw for the $100 Gift Card to the LEGO® store. Thanks again to everyone who entered and hope you enter again next year!

LEGO® House Building Contest Winners!

Congratulations to this dynamic duo on winning my LEGO® House Building Contest and a $100 gift card to the LEGO® store!  I hope you had a lot of fun building!  Thank you for your wonderful entry and this super cute picture.  A big thank you to everyone else for liking, sharing, and entering this contest.  If you know of anyone else, who may be interested in contests such as this or staying updated with the real estate market, please let them know about me and my FREE monthly e-newsletter.  Much appreciated everyone!

AND THE CHILDREN’S PLAYHOUSE WINNER IS…

This awesome picture is courtesy of Allie Motley, my children’s playhouse winner. Love the smiles and very happy for you and your young family! Congratulations! Huge thank you to everyone who supported this contest. It is greatly appreciated! If you missed this contest, don’t worry, sign up today to begin receiving the latest in market news, statistics, community events, and monthly giveaways.