Survey: Canadians Delay Tax Filing Due to Fear of Owing

A survey by H&R Block Canada reveals 23% of Canadians have postponed tax filing, with 25% anticipating missing the April 30 deadline. Fear of owing money drives procrastination for 9%, while 63% cite delay due to other reasons. H&R Block urges timely filing, emphasizing potential refunds and benefits. Delayed filing may incur penalties, with options available for those unable to pay immediately. Many plan to allocate refunds towards savings, debt repayment, or essentials, according to a separate CIBC survey.