I am very happy about this.
ac_smile
http://www.cra-arc.gc.ca/bnfts/uccb-puge/nhncd-eng.html
Example 1
John and Jane are married with two kids: Michael, 5, and Ava, 3. John and Jane are currently receiving their UCCB of $100 per month per child. They will automatically receive the enhanced UCCB payments of $160 per month per child, starting in July 2015. In addition, John and Jane will receive a retroactive payment of $720 ($360 for each child) for the period of January to June 2015.
Example 2
Ron and Gloria have a 2-year-old daughter, Linda. They have never applied for or received the Canada child tax benefit (CCTB) or the UCCB. They can apply for both benefits online by using "Apply for child benefits" through the CRA's My Account online service. Or they can complete Form RC66, Canada Child Benefits Application, and send it to their tax centre with the supporting documents.
Example 3
Patrick has two children in his care: Ben, 8, and Carter, 4. Patrick is currently receiving the CCTB for both his children and the UCCB for Carter. Until Ben reached 6 years of age, Patrick received the UCCB payments for him. Since his parental status has not changed, he will also receive the enhanced UCCB payment for Ben. Patrick will automatically receive the enhanced UCCB payments, including the January to June 2015 payments, for both his children starting in July 2015.
Example 4
Stephanie, who has a 12-year-old daughter from her first marriage, used to receive UCCB payments. Now that Stephanie is in her second marriage with full custody of her daughter and joint custody of her stepchildren, her living situation has changed. Stephanie should contact the CRA either through My Account or by calling us at 1-800-387-1193 to make sure that her information on file is up to date.
Example 5
Peter and Jessica have three children: Morgan, 15, Stacey, 5, and Joshua, 3. Jessica currently receives UCCB payments for Stacey and Joshua, and will automatically receive the increased UCCB payments in July 2015. Jessica has never applied for or received the CCTB or UCCB for Morgan, but is now eligible for the enhanced UCCB payments. Jessica will have to apply to receive the enhanced UCCB for Morgan.
Example 6
Pat and Cindy are married with two kids: Gary, 13, and Josh, 16. Pat and Cindy are currently receiving CCTB for both of their children but not UCCB since both children are over six years of age. Since Pat and Cindy are already receiving CCTB, they will automatically receive the enhanced UCCB payments of $60 per month per child, starting in July 2015. In addition, Pat and Cindy will receive a retroactive payment of $720 ($360 for each child) for the period of January to June 2015.
Example 7
Sarah is a single parent with three young children; Laura, 4, Megan, 3 and an eight month old son, William. She has applied for and is receiving the CCTB and the UCCB for all three of her children. Currently, Sarah is getting a UCCB payment of $300 per month ($100 per month per child under six). In July 2015, Sarah will automatically receive the increase to the UCCB for all of her children, that's an additional $180 per month or a total monthly UCCB payment of $480 ($160 per child per month). In addition, Sarah will also receive a retroactive UCCB payment of $1,080 to cover the period between January and June 2015.
Middle class welfare is an abomination.
I despise government thieving and wealth redistribution.
They are once again trying to buy our votes Fash.
Quote from: "SPECTRE"
Middle class?! They are taking money from the middle class and giving it to the rich and poor alike.
Rather than steal our money, and hand a pittance back to wage earners while the majority goes on the losers and the big end of town, how about reducing the tax burden, which is by far the biggest cost of living expense for the middle class.
The "poor" receive money for nothing, and the wealthy simply up the price of whatever crap it is they sell.
Quote from: "RW"
Totally agree. Gotta love the political flyers they send out saying "more money for your family" then they go raise the prices on everything. How does that help?
Quote from: "RW"
....ah yes, there's an election a' comin'....
Stephen Harper wants his 2nd majority....
I'm gonna vote for someone else tho'
Quote from: "Fashionista"
ac_smile
http://www.cra-arc.gc.ca/bnfts/uccb-puge/nhncd-eng.html
Example 1
John and Jane are married with two kids: Michael, 5, and Ava, 3. John and Jane are currently receiving their UCCB of $100 per month per child. They will automatically receive the enhanced UCCB payments of $160 per month per child, starting in July 2015. In addition, John and Jane will receive a retroactive payment of $720 ($360 for each child) for the period of January to June 2015.
Example 2
Ron and Gloria have a 2-year-old daughter, Linda. They have never applied for or received the Canada child tax benefit (CCTB) or the UCCB. They can apply for both benefits online by using "Apply for child benefits" through the CRA's My Account online service. Or they can complete Form RC66, Canada Child Benefits Application, and send it to their tax centre with the supporting documents.
Example 3
Patrick has two children in his care: Ben, 8, and Carter, 4. Patrick is currently receiving the CCTB for both his children and the UCCB for Carter. Until Ben reached 6 years of age, Patrick received the UCCB payments for him. Since his parental status has not changed, he will also receive the enhanced UCCB payment for Ben. Patrick will automatically receive the enhanced UCCB payments, including the January to June 2015 payments, for both his children starting in July 2015.
Example 4
Stephanie, who has a 12-year-old daughter from her first marriage, used to receive UCCB payments. Now that Stephanie is in her second marriage with full custody of her daughter and joint custody of her stepchildren, her living situation has changed. Stephanie should contact the CRA either through My Account or by calling us at 1-800-387-1193 to make sure that her information on file is up to date.
Example 5
Peter and Jessica have three children: Morgan, 15, Stacey, 5, and Joshua, 3. Jessica currently receives UCCB payments for Stacey and Joshua, and will automatically receive the increased UCCB payments in July 2015. Jessica has never applied for or received the CCTB or UCCB for Morgan, but is now eligible for the enhanced UCCB payments. Jessica will have to apply to receive the enhanced UCCB for Morgan.
Example 6
Pat and Cindy are married with two kids: Gary, 13, and Josh, 16. Pat and Cindy are currently receiving CCTB for both of their children but not UCCB since both children are over six years of age. Since Pat and Cindy are already receiving CCTB, they will automatically receive the enhanced UCCB payments of $60 per month per child, starting in July 2015. In addition, Pat and Cindy will receive a retroactive payment of $720 ($360 for each child) for the period of January to June 2015.
Example 7
Sarah is a single parent with three young children; Laura, 4, Megan, 3 and an eight month old son, William. She has applied for and is receiving the CCTB and the UCCB for all three of her children. Currently, Sarah is getting a UCCB payment of $300 per month ($100 per month per child under six). In July 2015, Sarah will automatically receive the increase to the UCCB for all of her children, that's an additional $180 per month or a total monthly UCCB payment of $480 ($160 per child per month). In addition, Sarah will also receive a retroactive UCCB payment of $1,080 to cover the period between January and June 2015.
This is fantastic news for people with kids. The NDP plans to keep these populist ideas of the Conservative government as well as add their 5 billion dollar per annum and 15 dollar a day child care scheme.
The NDP plan's for health care and child care affordable over the first four years, but their cost levels rise dramatically in the long term. Something like 10 billion dollars per year more than the Conservative plan. Either they will have to raise taxes or cut spending in other areas. For these reasons, I will be giving my support to the Conservative party in the October election.
Fantastic news my ass. People seem to forget that the Liberals were bringing in Universal Child Care. The Cons ditched it for $100/kid/month for "flexible" child care options. That pays for sweet fuck all plus it was taxable. Now we're getting more of the same? As the saying goes, "Bitch please!"
Quote from: "RW"
The Conservatives know they have a winner with this one. They are forcing opposition parties to run on their own ideas. All the parties want to maintain the basic framework of universality, with the NDP copying it and then adding their own 15 dollar a day program on top of that. The Liberals propose a form of means testing which is ironic because in the past they were vehemently opposed to that idea.
Along with the family tax cut, increasing the contribution to tax free savings accounts and income splitting, they are fishing for the suburban two kid family votes. Even if they lose the election, the winning party will be in a difficult position with voters if they cancel these populist gems.
... any time the government is giving instead of taking is a time to rejoice. these payments are a fantastically benevolent move on the part of the harper government ...
It isn't as popular as you think.
Before you celebrate Government largesse, please think about where the money comes from.
Taxation was based on funding social infrastructure, such as roads and civil defence. It is now a means of controlling society and distributing wealth whether we like it or not. It is unsustainable. No work, no money. No government welfare.
It's BRIBERY.
With someone else's money.
Our own money!
Exactly.
You give it to the government...the government gives it back...
...after syphoning through several government departments staffed by public servants that offer nothing but more bureacracy. Its all very well for governments to "give" the money back, but the cost of the processes is now the major cost of doing government business, and who pays for THEM?
I'm fine with government employees. I like people having jobs as its good for our economy.
I have a problem with cuts to education while they give us back our money that they then tax. How is it that they tax tax money. That makes no sense to me.
Quote from: "Jimmy LaSalvia"
Quote from: "RW"
The Conservatives know they have a winner with this one. They are forcing opposition parties to run on their own ideas. All the parties want to maintain the basic framework of universality, with the NDP copying it and then adding their own 15 dollar a day program on top of that. The Liberals propose a form of means testing which is ironic because in the past they were vehemently opposed to that idea.
Along with
I don't care who the next prime minister is, but I hope they don't cancel these helpful programs..
I saw on the news this morning that four million Canadians or is it Canadian families are eligible for the new enhanced child care benefit..
It's bribery Fash.
Quote
The Bank of Canada joins a growing list of others who have concluded that Canada's economy is now in recession (two consecutive quarters of negative growth).
How far has Canada's economic star fallen? Only recently Prime Minister Stephen Harper boasted that Canada's economy was "the envy of the entire world." That claim was always overstated. Now it is downright ludicrous.
The Bank of Canada cut interest rates for the second time this year, but few expect this to pull us out of the tailspin. After all, Canadians are already tapped out: household debt now exceeds 165 per cent of disposable income. And businesses are more reluctant to invest than ever -- despite expensive corporate tax cuts that drain $15 billion per year from the federal treasury.
For years Conservatives have touted their reputation as "good economic managers" to pave their way to power. This reputation is now in tatters, and rightly so. They have squandered so much opportunity, and steered Canada into a preventable, self-inflicted recession. This country needs a dramatic change of direction.
//http://www.huffingtonpost.ca/jerry-dias/canada-self-inflicted-recession_b_7832420.html?utm_hp_ref=canada
Quote
The Bank of Canada's latest economic forecast puts the federal government on track to run a $1-billion deficit in 2015-16, casting doubt on Ottawa's promise to balance the election-year books, says a new analysis by the parliamentary budget office.
In its April budget, the Harper government predicted a string of surpluses, starting with $1.4 billion for this election year. But the budget office projects the government producing a $1-billion shortfall in 2015-16.
//http://www.huffingtonpost.ca/2015/07/22/canada-deficit-bank-canada-pbo_n_7848606.html?utm_hp_ref=canada
All those folks who got their "free" payments this week must remember they'll have to pay income taxes on their "gift" next year.
Harpo at his best!
Quote from: "Gay Boy Bob"
Harpo at his best!
Yes, about 11.4% on average and some people will pay zero depending on their income. It's such a bad policy that Mulcair is going to keep it if he's elected. He'll just add another $5 billion dollar $15/day child care program on top of it to be phased in over 8 years.
Hold on to your purses folks, you'll be missing the Conservatives in no time flat.
I got mine yesterday. Blah.
Quote from: "Romero"
Quote
The Bank of Canada joins a growing list of others who have concluded that Canada's economy is now in recession (two consecutive quarters of negative growth).
How far has Canada's economic star fallen? Only recently Prime Minister Stephen Harper boasted that Canada's economy was "the envy of the entire world." That claim was always overstated. Now it is downright ludicrous.
The Bank of Canada cut interest rates for the second time this year, but few expect this to pull us out of the tailspin. After all, Canadians are already tapped out: household debt now exceeds 165 per cent of disposable income. And businesses are more reluctant to invest than ever -- despite expensive corporate tax cuts that drain $15 billion per year from the federal treasury.
For years Conservatives have touted their reputation as "good economic managers" to pave their way to power. This reputation is now in tatters, and rightly so. They have squandered so much opportunity, and steered Canada into a preventable, self-inflicted recession. This country needs a dramatic change of direction.
This is an editorial from Unifor. They are the same group of liars who claim the federal government has slashed health care by $36 billion. It's bullshit.
I don't like this policy at all. It will cost between $500 million and $600 million in writing up the cheques plus the cost of taxing it back. On the other hand, a tax credit that delivered the same amount of financial value to families would cost under $100 million.
But, the child benefit is a political win for the Tories can be seen in the reaction of the other two major federal parties.
The NDP announced that while they are suspicious of the UCCB, they will keep it. They will then add hundreds of thousands of new, heavily-subsidized day care spaces (which would be even less cost effective than the UCCB).
All that was left for Liberal Leader Justin Trudeau was to promise "bigger cheques." Oh, and he is going to punish those making over $150,000 a year, too.
Quote from: "seoulbro"
But, the child benefit is a political win for the Tories can be seen in the reaction of the other two major federal parties.
The NDP announced that while they are suspicious of the UCCB, they will keep it. They will then add hundreds of thousands of new, heavily-subsidized day care spaces (which would be even less cost effective than the UCCB).
All that was left for Liberal Leader Justin Trudeau was to promise "bigger cheques." Oh, and he is going to punish those making over $150,000 a year, too.
What good is a tax credit if a couple has a low income and doesn't pay much federal tax?
Quote from: "Fashionista"
Quote from: "seoulbro"
But, the child benefit is a political win for the Tories can be seen in the reaction of the other two major federal parties.
The NDP announced that while they are suspicious of the UCCB, they will keep it. They will then add hundreds of thousands of new, heavily-subsidized day care spaces (which would be even less cost effective than the UCCB).
All that was left for Liberal Leader Justin Trudeau was to promise "bigger cheques." Oh, and he is going to punish those making over $150,000 a year, too.
What good is a tax credit if a couple has a low income and doesn't pay much federal tax?
If low income, not paying much tax if at all, and still struggling, the economy they live in has been meddled with by their government to such an extent that it's time to reduce the size of government expenditure and its regulatory powers so that people on all strata can reasonably function.
Government should never be allowed to set fiscal policy. It ends up mining one lot against another for financial and electoral gains.
Quote from: "Dinky Dianna"
Quote from: "Fashionista"
Quote from: "seoulbro"
But, the child benefit is a political win for the Tories can be seen in the reaction of the other two major federal parties.
The NDP announced that while they are suspicious of the UCCB, they will keep it. They will then add hundreds of thousands of new, heavily-subsidized day care spaces (which would be even less cost effective than the UCCB).
All that was left for Liberal Leader Justin Trudeau was to promise "bigger cheques." Oh, and he is going to punish those making over $150,000 a year, too.
What good is a tax credit if a couple has a low income and doesn't pay much federal tax?
If low income, not paying much tax if at all, and still struggling, the economy they live in has been meddled with by their government to such an extent that it's time to reduce the size of government expenditure and its regulatory powers so that people on all strata can reasonably function.
Government should never be allowed to set fiscal policy. It ends up mining one lot against another for financial and electoral gains.
Oh I do not trust any politician Dinky Diana.
Quote from: "Fashionista"
Quote from: "Dinky Dianna"
Quote from: "Fashionista"
Quote from: "seoulbro"
But, the child benefit is a political win for the Tories can be seen in the reaction of the other two major federal parties.
The NDP announced that while they are suspicious of the UCCB, they will keep it. They will then add hundreds of thousands of new, heavily-subsidized day care spaces (which would be even less cost effective than the UCCB).
All that was left for Liberal Leader Justin Trudeau was to promise "bigger cheques." Oh, and he is going to punish those making over $150,000 a year, too.
What good is a tax credit if a couple has a low income and doesn't pay much federal tax?
If low income, not paying much tax if at all, and still struggling, the economy they live in has been meddled with by their government to such an extent that it's time to reduce the size of government expenditure and its regulatory powers so that people on all strata can reasonably function.
Government should never be allowed to set fiscal policy. It ends up mining one lot against another for financial and electoral gains.
Oh I do not trust any politician Dinky Diana.
We must be kindred sisters then.
Quote from: "Dinky Dianna"
Quote from: "Fashionista"
Quote from: "Dinky Dianna"
Quote from: "Fashionista"
Quote from: "seoulbro"
But, the child benefit is a political win for the Tories can be seen in the reaction of the other two major federal parties.
The NDP announced that while they are suspicious of the UCCB, they will keep it. They will then add hundreds of thousands of new, heavily-subsidized day care spaces (which would be even less cost effective than the UCCB).
All that was left for Liberal Leader Justin Trudeau was to promise "bigger cheques." Oh, and he is going to punish those making over $150,000 a year, too.
What good is a tax credit if a couple has a low income and doesn't pay much federal tax?
If low income, not paying much tax if at all, and still struggling, the economy they live in has been meddled with by their government to such an extent that it's time to reduce the size of government expenditure and its regulatory powers so that people on all strata can reasonably function.
Government should never be allowed to set fiscal policy. It ends up mining one lot against another for financial and electoral gains.
Oh I do not trust any politician Dinky Diana.
We must be kindred sisters then.
ac_smile