CANADA FPT

by BEDI
(Hamilton)

I need to know about Canada FPT and how to apply? Please feel free to add your comment, Warm Regards



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Hey Bedi,


I believe Canada FPT (Federal-Provincial-Territorial) on a bank statement usually indicates the recipient has received their GST/HST credit for the quarter.

To apply to receive and/or see if you qualify for the GST/HST credit paid out quarterly requires you file your income and benefits return annually.

Many people aren't aware how important it is to file your tax return annually now as it is how you apply and/or qualify to receive many of the individual and family social benefits available through various levels of government.

See CRA's website under Individuals >Tax return to learn more.

Comments for CANADA FPT

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Jan 30, 2016
 C-FPT
by: Anonymous

CANADA-FPT is literally Canada Provincial Transfer. Here in BC it can be the Carbon Tax rebate for lower income folks (? Might be for all residents?)

In some provinces it may also be part of the HST/GST/PST equalisation effort.

No excuse for the feds to not make it intelligible for the recipient. Irks me!

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