Abbreviations
AMT | Alternative Minimum Tax | ITR | Input tax rebate |
CAP | Child Assistance Payment | LIF | Life Income Fund |
CCPC | Canadian-controlled private corporation | LIRA | Locked-In Retirement Account |
CCB | Canada Child Benefit | LIRIF | Locked-In Retirement Income Fund |
CDSB | Canada Disability Savings Bond | MPP | Manufacturing and Processing Profits |
CDSG | Canada Disability Savings Grant | OAS | Old Age Security Pension |
CESG | Canada Education Savings Grant | PRPP | Pooled Registered Pension Plan |
CNESST | Commission des normes, de l’équité, de la santé et de la sécurité du travail | QESI | Quebec Education Savings Incentive |
CPP | Canada Pension Plan | QPIP | Quebec Parental Insurance Plan |
CRA | Canada Revenue Agency | QPP | Quebec Pension Plan |
DPSP | Deferred Profit-Sharing Plan | QPPDIP | Quebec Public Prescription Drug Insurance Plan |
EI | Employment Insurance | QST | Quebec sales tax |
FHSA | Tax-Free First Home Savings Account | RAMQ | Régie de l’assurance maladie du Québec |
FMV | Fair market value | RDSP | Registered Disability Savings Plan |
FSFTQ | Fonds de solidarité FTQ | RESP | Registered Education Savings Plan |
GIS | Guaranteed Income Supplement | RPP | Registered Pension Plan |
GST | Goods and services tax | RRIF | Registered Retirement Income Fund |
HBP | Home Buyers’ Plan | RRSP | Registered Retirement Savings Plan |
HSF | Health services fund | SBD | Small business deduction |
HST | Harmonized sales tax | SR&ED | Scientific research and experimental development |
IPP | Individual Pension Plan | TFSA | Tax-Free Savings Account |
ITC | Input tax credit | VRSP | Voluntary Retirement Saving Plan |
This document is up to date as of August 31, 2023 and reflects the status of legislation, including proposed amendments at this date.