Refers to the types of income that an individual receives as a result of employment, self-employment, or the provision of services.
What does it include:
Employment Income: Wages, salaries, bonuses, and other compensation received from an employer.
Self-Employment Income: Income earned from operating a business or practicing a profession as a sole proprietor or in a partnership.
Disability Payments: Payments received under the Canada Pension Plan or Quebec Pension Plan as disability benefits.
Supplementary Employment Benefits: Benefits received from an employer-sponsored supplementary unemployment benefit plan.
Research Grants: Amounts received for carrying out research.
Royalties: Income from royalties if they are related to work or services provided.