How have families benefited from tax relief and other support provided by the Government?
The Government has implemented numerous measures to recognize the daily expenses incurred by Canadian families. These include: • Introducing the Universal Child Care benefit, which gives families more choice in child care by providing $100 per month for each child under six. • Introducing the Child Tax Credit, which provides parents up to $315 per child in tax relief in 2010 to recognize the additional costs associated with raising children. • Increasing the amount families with children can earn before the National Child Benefit supplement is fully phased out, or before the base benefit under the Canada Child Tax Benefit begins to be phased out, thereby providing up to $436 per year in additional benefits for a low-income family with two children. • Introducing a number of tax measures to better recognize other expenses, including the Children’s Fitness Tax Credit, the Public Transit Tax Credit and the Textbook Tax Credit. • Introducing the Canada Employment Credit, to better recogniz
Related Questions
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