Canada workers benefit

The Canada Workers Benefit (CWB) is a refundable tax credit in Canada. Introduced in 2007 under the name Workers Income Tax Benefit (WITB), it offers tax relief to working low-income individuals and encourages others to enter the workforce.[1] The WITB has been expanded considerably since its introduction,[2][3][4] and restructured in depth by the 2018 Canadian federal budget when it was renamed the Canada Workers Benefit.[5]

  1. ^ "Working income tax benefit (WITB)". Canada Revenue Agency.
  2. ^ CORAK, MILES (Nov 8, 2013). "This refundable tax credit could reduce income inequality". The Globe and Mail. No. Wealth Paradox. Retrieved 25 September 2015.
  3. ^ Wells, Paul. "Harper changes Canada, a cut at a time". Maclean's.
  4. ^ OECD (2010). Tax expenditures in OECD countries. Paris: OECD. p. 81. ISBN 9789264076907. Retrieved 25 September 2015.
  5. ^ Government of Canada, Department of Finance (2018). Budget 2018: Chapter 1 - Growth. Ottawa. Retrieved 21 June 2020.{{cite book}}: CS1 maint: location missing publisher (link)