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Notice of Assessment

A document issued by the CRA after processing a tax return, confirming income reported and taxes owed or refunded. Mortgage lenders require Notices of Assessment as proof of declared income, especiall

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A document issued by the CRA after processing a tax return, confirming income reported and taxes owed or refunded. Mortgage lenders require Notices of Assessment as proof of declared income, especially for self-employed borrowers.

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