Tag · Canada
tuition
Loopholes Tagged "tuition"
Plain-English guides to Canadian legal rights and workarounds related to tuition.
Easy If You Pay Taxes
Canada Training Credit — Up to $5,000 Back on Education Costs
Canadians aged 26–65 accumulate $250 in training credit room each year (up to a $5,000 lifetime limit) that can be claimed as a refundable credit against eligible tuition and training fees — most people don't know it's accumulating on their Notice of Assessment.
Easy If You Pay Taxes
Tuition Transfer and Carryforward — Use Unneeded Tuition Credits Instead of Letting Them Sit Idle
Canadian students can sometimes transfer current-year tuition amounts to a parent, grandparent, spouse, or common-law partner, and unused amounts can be carried forward.