Canada Child Tax Benefit

Minister of Health visits Quebec City to discuss the new, interim Canada Dental Benefit

Retrieved on: 
Wednesday, December 7, 2022

Today, the Honourable Jean-Yves Duclos, Minister of Health, was at Centre dentaire Montcalm in Quebec City to discuss the new, temporary Canada Dental Benefit, which opened for applications last week.

Key Points: 
  • Today, the Honourable Jean-Yves Duclos, Minister of Health, was at Centre dentaire Montcalm in Quebec City to discuss the new, temporary Canada Dental Benefit, which opened for applications last week.
  • Eligible parents can apply for the Canada Dental Benefit quickly and easily through their CRA My Account.
  • While this temporary Canada Dental Benefit is in place, the Government of Canada will keep working to build a comprehensive, long-term Canada-wide dental care program.
  • "The Canada Dental Benefit is already helping families afford dental care for their children.

Connecting Canadians with high-speed Internet in New Brunswick and across Canada

Retrieved on: 
Tuesday, November 8, 2022

The top-up will help connect an additional 60,000 rural homes across Canada to help achieve our goal of providing every community, in every province and territory, with high-speed Internet access.

Key Points: 
  • The top-up will help connect an additional 60,000 rural homes across Canada to help achieve our goal of providing every community, in every province and territory, with high-speed Internet access.
  • This expansion means that we have a plan to ensure that every home in New Brunswick has high-speed Internet access by 2030.
  • Through this partnership, we are helping connect hundreds of thousands of low-income families and seniors to affordable high-speed Internet.
  • To provide Canadians with the latest information on the government's progress toward accessing universal high-speed Internet, the government also published an interactive High-Speed Internet Access Dashboard today.

Making Life more affordable and building an economy that works for everyone

Retrieved on: 
Monday, November 7, 2022

Amid global economic uncertainty, the Fall Economic Statement outlines the government's plan to continue its sound stewardship of the economy and to be there for Canadians.

Key Points: 
  • Amid global economic uncertainty, the Fall Economic Statement outlines the government's plan to continue its sound stewardship of the economy and to be there for Canadians.
  • And it lays out an ambitious plan to strengthen industry and build a thriving net-zero economy with opportunities and jobs, across the country and across the economy.
  • "Fall Economic Statement 2022is focused on building an economy that works for everyonean economy that creates good jobs and which makes life more affordable for Canadians.
  • "The measures outlined in the 2022 Fall Economic Statement have been carefully designed to avoid making inflation worse.

Inequality Persists in Canada, But Improved During the Pandemic

Retrieved on: 
Friday, November 4, 2022

Ottawa, Nov. 04, 2022 (GLOBE NEWSWIRE) -- The Conference Board of Canada released analysis highlighting that despite a common belief that inequality is rising, income inequality in Canada has improved and fell sharply during the pandemic, while wealth inequality has declined dramatically over the past two decades.

Key Points: 
  • Ottawa, Nov. 04, 2022 (GLOBE NEWSWIRE) -- The Conference Board of Canada released analysis highlighting that despite a common belief that inequality is rising, income inequality in Canada has improved and fell sharply during the pandemic, while wealth inequality has declined dramatically over the past two decades.
  • Inequality is still problematic in Canada, with women, racialized groups, new Canadians, and Indigenous people facing tougher economic circumstances.
  • The Conference Board of Canadas research found that a variety of factors have contributed to the decline of inequality in Canada.
  • Despite our progress, in comparison to many countries, there is still significant room for Canada to improve on inequality.

Government of Canada releases 2022 Annual Report from the National Advisory Council on Poverty

Retrieved on: 
Monday, October 17, 2022

The Strategy included the creation of the National Advisory Council on Poverty and established ambitious poverty reduction targets aimed at building a Canada where every Canadian has a real and fair chance of success.

Key Points: 
  • The Strategy included the creation of the National Advisory Council on Poverty and established ambitious poverty reduction targets aimed at building a Canada where every Canadian has a real and fair chance of success.
  • The report, entitled Transforming our Systems,notes that significant progress has been made on reducing poverty in Canada.
  • Chairperson of the National Advisory Council on Poverty, Scott MacAfee
    The Poverty Reduction Strategy includes concrete poverty reduction targets and established Canada's Official Poverty Line to measure poverty and track progress.
  • The Poverty Reduction Strategy also created the National Advisory Council on Poverty to provide independent advice to the Government on poverty reduction; to submit an annual report on progress toward the Government's poverty reduction goals; and to continue a dialogue with Canadians on poverty.

Legislation to create a new Canada Disability Benefit begins second reading in the House of Commons

Retrieved on: 
Tuesday, September 20, 2022

Earlier today, Bill C-22 the Canada Disability Benefit Act, began second reading in the House of Commons.

Key Points: 
  • Earlier today, Bill C-22 the Canada Disability Benefit Act, began second reading in the House of Commons.
  • This ground-breaking legislation was reintroduced on June 2, 2022, by the Minister of Employment, Workforce Development and Disability Inclusion, Carla Qualtrough.
  • If passed by Parliament, Bill C-22 will create a new Canada Disability Benefit (CDB).
  • "With the second reading of Bill C-22, we are one step closer to creating a Canada Disability Benefit.

Making life more affordable for Canadians this year

Retrieved on: 
Tuesday, September 13, 2022

The Prime Minister, Justin Trudeau, today announced that the government's first pieces of legislation introduced in the upcoming Parliamentary sitting would make life more affordable for Canadians who need it most.

Key Points: 
  • The Prime Minister, Justin Trudeau, today announced that the government's first pieces of legislation introduced in the upcoming Parliamentary sitting would make life more affordable for Canadians who need it most.
  • Provide a Canada Dental Benefit to children under 12 who do not have access to dental insurance, starting this year.
  • This more than doubles our Budget 2022 commitment, reaching twice as many Canadians as initially promised.
  • These measures build on the strong action we have been taking since 2015 to make life more affordable and build an economy that works for all Canadians.

Fraser Institute News Release: Share of total spending on child benefits for families with incomes less than $60,000 fell from 42.9% to 29.7%

Retrieved on: 
Thursday, August 18, 2022

While the federal government often claims that child benefits go to Canadian families who need the money the most, the shift in overall spending tells a different story, said Jason Clemens, executive vice-president of the Fraser Institute and co-author of Adjusting for the Canada Child Benefits Tax-Free Status .

Key Points: 
  • While the federal government often claims that child benefits go to Canadian families who need the money the most, the shift in overall spending tells a different story, said Jason Clemens, executive vice-president of the Fraser Institute and co-author of Adjusting for the Canada Child Benefits Tax-Free Status .
  • In 2016, the federal government replaced two child-benefit programs with the Canada Child Benefit (CCB), which provides tax-free benefits to eligible families with children under the age of 18.
  • At the same time, the share of total child-benefit spending on families with incomes between $60,000 and $180,000 increased from 49.2 per cent to 66.8 per cent.
  • While the share of total child-benefit spending on families with incomes above $180,000 declined from 7.9 per cent to 3.5 per cent.

Minister Ng announces new call for proposals under the Women Entrepreneurship Strategy Ecosystem Fund

Retrieved on: 
Thursday, July 28, 2022

Today, the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, announced a new call for proposals for projects under the Women Entrepreneurship Strategy Ecosystem Fund, a key initiative of the $6 billion Women Entrepreneurship Strategy (WES).

Key Points: 
  • Today, the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, announced a new call for proposals for projects under the Women Entrepreneurship Strategy Ecosystem Fund, a key initiative of the $6 billion Women Entrepreneurship Strategy (WES).
  • To date, the WES Ecosystem Fund has invested $100 million in 52 projects.
  • These projects are helping close service gaps in the entrepreneurial ecosystem for women, particularly in areas such as mentorship, networking and skills development.
  • In 2020 and 2021, the Ecosystem Fund helped over 5,000 women start a new business and over 7,000 women grow their existing business.

Families across Canada will see increase in Canada Child Benefit

Retrieved on: 
Wednesday, July 20, 2022

Today, on its 6th anniversary, the Minister of Families, Children and Social Development, Karina Gould, highlighted that the maximum annual Canada Child Benefit will increase to help families cope with the rising cost of living.

Key Points: 
  • Today, on its 6th anniversary, the Minister of Families, Children and Social Development, Karina Gould, highlighted that the maximum annual Canada Child Benefit will increase to help families cope with the rising cost of living.
  • The Canada Child Benefit was introduced in 2016 and is a key component of the Government of Canada's Affordability Plan.
  • The Government indexed the Canada Child Benefit for the first time in July 2018 to ensure the benefit keeps pace with inflation.
  • The Canada Child Benefit is tax-free, based on income and provides increased support for low- to middle-income families with children.