Comments on: What Not to do When You Get a Raise https://www.moneywehave.com/what-not-to-do-when-getting-a-raise/ Personal Finance and Budget Travel for Canadians Fri, 25 Jun 2021 00:35:28 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Owen @ PlanEasy.ca https://www.moneywehave.com/what-not-to-do-when-getting-a-raise/#comment-108494 Fri, 25 May 2018 12:51:09 +0000 https://www.moneywehave.com/?p=10727#comment-108494 If you’re getting government benefits like the GST/HST credit or the Canada Child Benefit you shouldn’t forget that your benefits will be reduced after your raise. There is a bit of a delay, so it’s hard to notice, but it will happen the next year in July.

With two kids my child benefit will go down $135.00 for an extra $1,000 raise. Not as bad as income tax but it still makes a difference for a family making ends meet!

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