How does Canada help people cope with inflation?
Residents can claim hundreds of dollars in aid.
In early October, the province of Newfoundland and Labrador announced an assistance payment to residents of the region. The one-time payment of $500 CAD is designed to help residents cope a little with inflation and the rising cost of living.
There is a condition for the support payment. Only those who earned less than $100,000 CAD in 2021 will receive $500 CAD. Those whose income was between $100,000 CAD and $125,000 CAD can expect to receive between $250 CAD and $500 CAD.
And it's not the only region in Canada that financially supports its residents. Back in March, Quebec offered $500 CAD to all residents of the province who earned less than $100,000 CAD last year. On October 3, the region held an election, and newly re-elected Premier Francois Legault promised Quebecers up to another $600 CAD in December.
In July, payments were announced by Prince Edward Island, but only $150 CAD and for those who earned less than $70,000 CAD in the past year. Residents of Manitoba also receive assistance, but only for children. Families earning less than $175,000 CAD for 2021 are entitled to $250 CAD for one child and $200 CAD each for other children.
And one province is willing to pay money to absolutely everyone. In August, Saskatchewan announced payments of $500 CAD to adult residents who pay taxes. There is no income limit in this region.
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