Weekly insights
Small, consistent steps that build stronger money habits.
Each week we share a short note you can read quickly and apply right away, with a focus on what matters most.
Insight of the week
File your taxes even if you made $0.
A lot of students skip filing because they didn't earn any income. But filing a $0 return still matters. It builds your RRSP contribution room, keeps you eligible for benefits like the GST/HST credit, and starts your tax history with the CRA, which comes in handy when you eventually need proof of income for things like rental applications or loans.
- - Filing with no income still lets CRA track your RRSP room, so it's ready when you start earning.
- - You could qualify for the GST/HST credit (~$500/year) and provincial benefits like the Ontario Trillium Benefit, but only if you file.
- - It takes 15 to 20 minutes with free software like Wealthsimple Tax, and sets you up for smoother finances down the road.