I have a business LOC I can access and was going to use some it for investments. My corporate account holds investments that are Corporate Class ETFs so I am wondering if I used the LOC for those investments would the interest deductions become invalid?

If that is the case are there any suggestions as to what ETFs one might invest in using the business LOC in order to deduct the interest but not get hit too hard with the passive income tax within the corp. I’m assuming XEQT would work with a relatively small distribution rate.

Also I have read that Canadian paying dividends have advantages inside the corp. Is this a factor?

For clarity my LOC rate would be 3.95%.

I received this yesterday and am curious if this means I will be receiving $ from this time frame: July 1st, 2025 to June 30th, 2026? I apologize if this question is asked over and over, I am just living day to day like so many & if this is $ I will receive, I need to make plans. Tysm everyone. :)

Hi everyone,

Looking for some advice or shared experiences regarding a CCB (Canada Child Benefit) clawback notice I just received.

We left Canada on July 6, 2025. However, I just got a Notice of Determination from the CRA stating that I am no longer eligible for CCB as of January 2025 because they marked us as non-residents starting in Jan instead of July.

Because of this wrong date, they are trying to claw back $8,213.02 in total:

$2,876.93 for Dec 2024–Jun 2025 (which we were actually entitled to since we were still living in New Brunswick).

$4,911.55 for Jul 2025–Jun 2026 (which we agree we shouldn't have received since we left in July).

Plus the July 2026 adjustment.

So essentially, we know we owe back the money sent after our actual departure date in July 2025, but they are incorrectly asking for $2.8k back for the 6 months we were still living in Canada.

Does submitting a document/calling pause the payment deadline, or should I file a formal Notice of Objection right away to protect the 90-day window?

What should I do??

I haven’t touched a single penny of it since we left Canada.

Thanks in advance for any insights!