Andrew Scheer Promises Non-Refundable Tax Credit For Maternity IE Benefits
THUNDER BAY, ON – The Hon. Andrew Scheer, the Leader of Canada’s Conservatives, revealed that as Prime Minister, he would make maternity benefits tax-free.
“Having a child is an exciting milestone in any person’s life, but it comes with added costs and pressures,” said Scheer at his announcement on August 20 at the Toronto child-care centre Kids Fun Town. “Across Canada, young parents are under pressure and worried about their future, and they are looking for help.”
As Prime Minister, Andrew Scheer will remove federal income tax from employment insurance (EI) maternity and EI paternal benefits by providing a non-refundable tax credit of 15 percent for any income earned under these two programs.
“The benefit to a Canadian with a salary of $50,000 would be approximately $4,000,” said Frank Pullia, Thunder Bay–Superior North Conservative candidate and Linda Rydholm, Thunder Bay– Rainy River Conservative candidate. “Parents should be able to enjoy the first months with their newborn and not worry about their bank accounts or how they are going to make ends meet.”
Canada’s Conservatives have a plan for you and your family to get ahead: lowering your taxes and putting more money in your pockets. All Canadian families will be eligible for this new benefit.
