Social assistance
Liquid assets
Cash and assets you can quickly convert to cash, such as bank balances and some investments, counted in many assistance programs.
Exceeding asset limits can disqualify you even with low monthly income.
Benefits glossary
Canadian benefits glossary
Government benefits, tax, disability and drug-coverage terms explained in plain language.
Definitions are educational. Official program rules still apply.
Topics and A–ZSocial assistanceL
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Sources and methodology
Definitions explain common government and program language in plain words. They are starting points for understanding, not legal advice or official eligibility decisions. Confirm important details with the official program, CRA, Service Canada, or a qualified professional.
Glossary reviewed September 13, 2026