The changes are designed to distribute benefits and programs more fairly based on income. Families and students are the main beneficiaries of the new budget, though many of the proposed changes will not take effect until next year's tax return.
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Ottawa's fiscal monitor says the improvement was boosted by higher personal income tax and Goods and Services Tax revenues.
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In an attempt to increase transparency, Prime Minister Justin Trudeau has made "mandate letters" to his ministers publicly available. These letters are intended to clarify the focus of each minister's portfolio. When it comes to the mandate delineated for the minister of finance, the prime minister should seriously rethink some of the priorities.
YouTube: Conservative Party
income splitting primarily benefits middle- and upper-income families, provides relatively little tax relief for low-income families and skirts single parents altogether. Just as importantly, it acts to deter both parents from equal engagement in the workforce and devalues family policies that promote dual engagement.
The spots make it more difficult for Trudeau to clear up a misconception about his plans.
This is a rather short list of the shortfalls of Harper and the disgrace he brings to our country and I urge everyone to fully research candidates and get out and VOTE. I think the newest campaign launched by our veterans says it best when they say ABC: Anyone but Conservative
Higher TFSA limit and tax breaks for Canadians with children take up a very large piece of the pie
Prime Minister Stephen Harper announced major fiscal policies in Vaughan, Ont., last fall against the advice of Canada's senior public servant, who said Parliament should be informed first, a newly di...
Since 2010, annual funding for the RCMP has declined in every year except one. The Conservatives claim they need to put new powers in the law, but police forces and security officers cannot fully utilize the laws already there when their budgets don't give them the necessary resources. And new laws will be meaningless without the funding to make them work. The well-being of Canadians is put at risk when these things are undermined. Honest or not, dangerous or not, Stephen Harper has been prepared to compromise even public safety to concoct the claim of a balanced budget before the 2015 election.
OTTAWA - The Conservative government has introduced legislation to enact its family tax-and-benefit package — a multibillion-dollar suite of measures that includes the controversial income-splitting p...
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A former speechwriter for Prime Minister Stephen Harper says the Harper government’s income-splitting plan is “like socialism for the wealthy,” and is warning the Tories that the policy is bad politic...
MONTREAL - Young Canadian families are beginning to learn the size of savings they'll glean from new federal tax cuts as they prepare their 2014 tax returns.The controversial income-splitting plan kno...
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Plan will be expensive and will cut jobs, but won't do anything for poor families, finds Parliamentary Budget Officer
OTTAWA - The parliamentary budget office has found that the Conservative government's new income-splitting tax plan may encourage some low-wage workers, especially women, to leave or stay out of the w...