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By Jason Heath, CFP on July 29, 2025
Estimated reading time: 5 minutes

By Jason Heath, CFP on July 29, 2025
Estimated reading time: 5 minutes

Many people aren’t taking advantage of the tax credits and government benefits they’re eligible for. Jason Heath highlights four that are commonly missed.

There are plenty of saving accounts, tax benefits, and federal and provincial programs available to Canadians. Here’s a round-up of four opportunities that you may be missing out on.

The Canadian Dental Care Plan (CDCP) was first introduced for children, seniors, and adults eligible for the disability tax credit with a phased rollout. But in June 2025, it was expanded to all Canadian residents, subject to conditions. The CDCP is now available to anyone who does not have access to dental insurance.

A taxpayer and their spouse or common-law partner (if applicable) must have filed tax returns for the previous year to determine family income. If their adjusted family net income is less than $90,000, the federal government may partially cover a wide range of dental services. These services include everything from diagnostic and preventive services to orthodontic services.

Canadian Dental Care Plan enrollment is not automatic. You need to apply online using your My Service Canada Account (MSCA). You can access the CDCP section in your MSCA dashboard or call Service Canada at 1-833-537-4342. (Read more about how the CDCP works.)

If you perform qualifying renovations on an eligible home, you may be able to claim a federal non-refundable tax credit up to $20,000 for home........

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