I just got this notice from my Employer to send all Staff. I thought that some of you may be interested in the information. $2000 tax credit per child sounds excellent!
[SPAN style="FONT-SIZE: 8.5pt; COLOR: #333333; FONT-FAMILY: Verdana"]In its March 19, 2007 Budget, the Federal Government introduced a new $2,000 child tax credit providing up to $310 of federal tax relief per child to more than 3 million Canadian families. In the Canadian Payroll Association's (CPA) budget bulletin sent to members the next morning, we anticipated this new credit would impact employees when filing their personal income tax return (T1) in the spring of 2008. Since then, the Canada Revenue Agency (CRA) advised the CPA, and we are notifying employers, that employees should also be given the option of using the new credit (now renamed the Child Amount) to reduce their federal payroll income tax effective July 1, 2007.[?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /][o:p][/o:p][/SPAN]
Can I claim for my cat?
Maybe P.C.!? LOL!
this is a nice surprise from the gov....which makes me uneasy. Everytime the feds seem to do something right...there are strings attached!
yeah this was the 'beer and popcorn' child day care plan from the Conservatives. The joke was that this couldn't pay for child care itself only for family's beer and popcorn. Child care advocates wanted the Liberal plan which was better.
Plus your kids have to be under 6 or your disqualified.
Its not 2k its 301 bucks btw
The government will introduce a $2,000 child tax credit to provide up to $310 per child of tax relief depending on family income.
There are always strings attached. Nobody hands things out without expecting something in return. Especially for this government.
Good to know. Thanks, purelife.
I foresee a tax raise somewhere else to counteract this.. maybe another needed gas tax? lol.
Still, I think this is a GOOD step in the right direction.. children and education are the future of this country no matter how much the government buries its head in teh sands on this issue.
Sportsdude wrote:
yeah this was the 'beer and popcorn' child day care plan from the Conservatives. The joke was that this couldn't pay for child care itself only for family's beer and popcorn. Child care advocates wanted the Liberal plan which was better.
That is your opinion. But I feel, the Libs may have been ok in some areas. But The Liberals really didn't do a FUC*ING thing to help a Canadian family!
'beer and popcorn'
Not a big fan of these cheeky assumptions and generalizations. I always think that whoever comes up with them (whatever they may be) must know a little bit about them.
P.C. wrote:
Can I claim for my cat?[/DIV]
Yes. If the cat meets the following requirements:
a) it wants to run for prime minister
b) it thinks it wants to run for prime minister
c) it stands a very good chance of being prime minister
d) it already is prime minister but no one told it
LOL Lise.
3 out of 4 ain't bad. I'll let you know how it works out.
I am not sure if we are ready for an intelligent leader?? Cats are too smart!
The fact that the child care plan by the conservatives was ridiculed by the child care organizations for not being adaquate in spending speaks for itself. The plan doesn't work hence the liberals came up with the beer and popcorn moniker because the money was never enough to actually pay for childcare itself.
The Lie-berals come up with several clever slogans. They should worry about themselves before pointing the finger!
Until you have kids in Canada through the Liberal years, compared to nowadays, you really don't know what you are talking about sports.
Until you have kids in Canada through the Liberal years, compared to nowadays, you really don't know what you are talking about sports.
Agreed. And it just amazes me even more of how Sports discusses Canadian politics pointing it out as "facts" when he doesn't live here. One can read all that he/she wants about any country's politics but it ain't the same as living in the country and experiencing it at the same time.
For example, those who have actually been through the health care system know best of how the government is operating in terms of health care than someone who hasn't, imo.
I just remember the election and read up like any person would have on the issues. I didn't like and still don't like the Liberals but the Liberal's child care plan was better for Canada then the Conservatives. But hey when people like the Ontario Coalition for Better Child Care say 100 dollars a month for child care is an outdated model that doesn't work I tend to listen to the experts.
Plus just because I don't live in Canada yet (will in 2 months) doesn't mean I can't figure out that 100 dollars a month cannot pay for child care on its own. Child care is expensive.
And millions and millions of people around the world like to crictize americans on how they vote so to say I can't read up on issues in Canada seems a bit hypocritical. You can tell me how I should vote to run my country but I can't tell you anything? That doesn't make sense.
[a href="vny!://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20051202/elxn_realitycheck_daycare_051205/20051205/"]vny!://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20051202/elxn_realitycheck_daycare_051205/20051205/[/a]
And millions and millions of people around the world like to crictize americans on how they vote so to say I can't read up on issues in Canada seems a bit hypocritical. You can tell me how I should vote to run my country but I can't tell you anything? That doesn't make sense.
You can tell us anything you'd like but don't act like you know EVERYTHING about Canadian politics and be so "matter of fact" when you don't live here. Sure, you can give suggestions and ideas, that's great, but to think that you know it better is just ridiculous. You haven't experienced first-hand what the Canadian government is all about. You only read it. It's never the same.
I think the 'beer and popcorn' comment had less to do with whether it was an adequate amount for child care.....I believe it was stated that people would 'blow' any money given them for childcare on beer and popcorn.
canadian1 wrote:
[em]And millions and millions of people around the world like to crictize americans on how they vote so to say I can't read up on issues in Canada seems a bit hypocritical. You can tell me how I should vote to run my country but I can't tell you anything? That doesn't make sense.[/em]
You can tell us anything you'd like but don't act like you know EVERYTHING about Canadian politics and be so "matter of fact" when you don't live here. Sure, you can give suggestions and ideas, that's great, but to think that you know it better is just ridiculous. You haven't experienced first-hand what the Canadian government is all about. You only read it. It's never the same.[/p] [/p]If I act like I know everything I'm sorry, because I really don't. I don't understand the have and have not provinces and equalization. I don't know a lot of things because I never took a canadian civics class. So if I come off that way I don't mean to. Then again apparently Canadians don't know either:
[a href="vny!://www.theglobeandmail.com/servlet/story/RTGAM.20070629.wxdominion29/BNStory/National/home"]vny!://www.theglobeandmail.com/servlet/story/RTGAM.20070629.wxdominion29/BNStory/National/home[/a]
Then again apparently Canadians don't know either:
Yep, that's me. I really don't know anything when it comes to politics.
well aparently the knowledge of canada has more to do with history then just politics. Apparently 60% of Canadians non immigrant couldn't give the right answer to "What did the Hudson Bay Company do?" answer: traded fur
Greatest moment in class for me were the folks in geography. One girl didn't know Mississippi was a state. I lol'd.
If that was how the question was stated, it doesn't surprise me that 60% of Canadians answered incorrectly. The Hudson Bay Company doesn't 'do' fur trading. Fur trading is what gave it it's start. You can rest assured the Hudson Bay Company doesn't 'do' fur trading any more.
To me, there is good and bad in every political party. More bad than good in them all.
Either party in power isn't helping young couple very well by getting started on their lives.
How are young couples supposed to buy a place nowadays to settle down and start a family? It sucks royal oil!!
I vote for P.C.'s cat!
Sportsdude wrote:
The fact that the child care plan by the conservatives was ridiculed by the child care organizations for not being adaquate in spending speaks for itself. The plan doesn't work hence the liberals came up with the beer and popcorn moniker because the money was never enough to actually pay for childcare itself.
ok, I am trying to see this in a different light. Our media here in Canada is very left. I know the Liberal government blasts Harpoon for this $100/month, plus a bit of a tax savings. But from my experience in being a dad, if the Conservatives refunded me 1 penny in children care savings, it is 100% more than what the Liberals did for us.
Just my thoughts. I hate Harper, and I hated Creeptian too...you can't win! just got to keep on livin'!
I'll pass on your vote to 'His Highness', Devil. (and I'm sure for a small quantity of catnip, there would be some considerable 'favours' and kickbacks he would feel quite happy to fulfill.)
Either party in power isn't helping young couple very well by getting started on their lives.
How are young couples supposed to buy a place nowadays to settle down and start a family? It sucks royal oil!!
I agree with that to a certain extent Devil.....but you know, the thing is.....young people are so much more aware of finances and such now, more than ever. What I mean is, when I was growing up, there was no such thing as your buddies having credit cards...it just wasn't part of our world to go to school with kids who charged things.
I also think it was once a 'right of passage' earned the hard way to become a property owner. Everybody in my 'class' spent several years in apartments, scrimping and saving for a downpayment on a home. Now....it seems that a lot of young people feel it's due to them.... to be able to afford a home when it suits them to do so. Typical 'starting at the top' mentality.....no paying of the dues......no working your way up.
Oh I agree. I am (almost 30)...umm...soon...
and I guess a lot has changed between now and then.
I guess what made me bring this up is a young guy we hired, best guy we hired in a long time, is moving to Manitoba because that is a good place for him to buy a home and have kids. He doesn't want to raise a family in a 1 bedroom apartment.
What else makes me cringe!? Banks will give people 40 year mortgages?! You could buy a house 3 times by the time you are done.
Don't get me wrong.....I feel bad for the seemingly hopelessness of it all for young people now. But if you put it into perspective, I don't think it's hugely different now. (wages vs cost of living)
I think the biggest change is the vast wasteland of things to spend one's money on now, that have come to be considered as necessities. THAT to me is the biggest difference. People don't seem to have the discipline to decipher need from want. ( I KNOW I'm speaking in general terms....but only for the sake of the point)
"Now....it seems that a lot of young people feel it's due to them.... to be able to afford a home when it suits them to do so. Typical 'starting at the top' mentality.....no paying of the dues......no working your way up."
That's my generation which isn't even Devil's (Gen X). We are the "Me" generation. A lot of it is because our parents (baby boomers) want us (the me's) to have and experience everything growing up that they (baby boomers) didn't get to. So we've become we've (me's) have been accustom to getting everything we've ever wanted a.k.a (spoiled). So we not only expect to have certain things handed to us, we think its our birth right.
I think there's a lot of truth to that SD. Which isn't to say that there aren't a lot of young people out there that never lost perspective that hard work and doing without was the path to their goals. THEY are the ones I'd like to see get a few breaks along the way.
yup. If your a suburb kid that's ones outlook and its been proven in studies. My generation wants all these benefits and breaks because they've never learned "no" or never had to deal with adversary in grade school. Its like top of class through grade school syndrome. They've had it easy to the point that they've never hit the 'wall' before, then when they do they don't know how to deal with it. These are the kids that their parents will probably still be buying things for them into their mid 20's and 30's. Plus there parents don't know how to say no.
If I act like I know everything I'm sorry, because I really don't. I don't understand the have and have not provinces and equalization. I don't know a lot of things because I never took a canadian civics class. So if I come off that way I don't mean to. Then again apparently Canadians don't know either:
[A href="vny!://www.theglobeandmail.com/servlet/story/RTGAM.20070629.wxdominion29/BNStory/National/home"]vny!://www.theglobeandmail.com/servlet/story/RTGAM.20070629.wxdominion29/BNStory/National/home[/A]
I wouldnt worry about this one SD. I dont think anyone, the provinces included have any idea how the government is pulling the numbers for this one either. I still think that its out of the sky.. whichever way the political winds are blowing it seems.