FILE – Conservative Party Leader Andrew Scheer. (The Canadian Press)

Scheer promises EI tax credit for new parents if Conservatives form government

The government currently taxes employment insurance benefits for new parents

Conservative Leader Andrew Scheer is promising to provide a tax credit for new parents receiving federal benefits.

Scheer is reviving an idea he first unveiled in early 2018 as an incentive to encourage families to support the Conservatives in this fall’s election.

The government taxes employment insurance benefits for new parents, along with any employer top-up, while on maternity or parental leave.

Scheer is proposing a non-refundable tax credit on 15 per cent of whatever a new parent earns while they are on leave.

The parliamentary budget officer calculated in May 2018 that Scheer’s plan would cost the federal treasury about $600 million in its first year.

It would also cost the government $261 million in future years, since the plan would let families carry over any unused credits.

ALSO READ: Scheer repeats call on RCMP to investigate Trudeau’s actions in SNC affair

The Canadian Press


Like us on Facebook and follow us on Twitter.

Just Posted

Lest We Forget

Remembrance Day service in Rimbey well attended

Long-term outlook for Ponoka County finances still up in the air

Big hit taken via refunds for shallow gas producers

New phone scam, police warn to BEWARE

RCMP offer tips to stay safe

30% of minority Canadians experienced discrimination at work: survey

The percentage was higher for Indigenous respondents at 40 per cent

VIDEO: Hong Kong police shoot protester, man set on fire

It was the second protester shot since the demonstrations began in early June

Sportsnet fires Don Cherry after negative comments about immigrants

Don Cherry had said immigrants don’t wear poppies like other Canadians do

Trudeau’s new cabinet: Gender parity because it’s 2019? Or due to competence?

Prime Minister Justin Trudeau will soon appoint his new cabinet

Canada among three G20 countries least likely to hit emissions targets

It says Canada, South Korea and Australia are the farthest off

Conservatives’ Scheer wants Trudeau to open Parliament Nov. 25

That’s five days after Justin Trudeau is scheduled to swear in a new cabinet

Canadians mark Remembrance Day this morning

This year exactly 101 years to the day after the end of the First World War

Zombie debt will haunt more Canadians as scourge of indebtedness rises: experts

Total debt per consumer has surged to $71,979 in the second quarter

Harvest a struggle in Alberta, Saskatchewan, but a miracle in Manitoba

Hail over the summer destroyed most of the corn crop in southeastern Alberta

Sportsnet apologizes for Don Cherry’s anti-immigrant comments

Outrage was building online on Sunday with many on Twitter calling for Cherry to be fired

Most Read