Automatic tax filing could send roughly $2K to some, but cost millions: PBO (opens original article in a new tab)
Automatic tax filing for low-income Canadians may provide $2,000 in benefits but cost $429 million over five years according to a PBO report.
- Automatic tax filing for low-income Canadians could provide $2,000 average benefit per person
- Program will cost $429 million over five years including administrative costs and benefit payments
- CRA expects 3,000 automatic filings in first year increasing to 50,000 by 2027
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