Rhonda Gary

Life insurance does more than cover funeral expenses. In 2025, it offers powerful yet often missed benefits—like tax-free wealth transfer, living benefits, debt protection, and income replacement. These features can help you build wealth and secure your family's future while you're still alive.

A void cheque is a standard cheque marked with "VOID" to prevent its use for transactions. It provides essential banking details—such as the account number, transit number, and institution number—needed for processes like direct deposits and automated payments.

GST/HST payment dates in Canada are typically scheduled quarterly, on the 5th of January, April, July, and October. These payments are managed by the Canada Revenue Agency (CRA) and are designed to assist eligible individuals and families with low or modest incomes by offsetting the taxes they pay.

The average income in Canada for 2024 is $65,528.16 annually, with regional variations. In Ontario, the average annual income is around $67,258.92, while in Quebec, it is slightly lower at $62,778.72. British Columbia has an average income of about $66,162.36, and Alberta with $69,048.36. These figures highlight the economic diversity across regions.

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