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.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Fanny Bay residents fed up with problem house

A delegation from Fanny Bay has appealed to regional district directors to… Continue reading

Merville’s annual Garlic Fest a ‘stinking good time’

Once again, it is time to hold your nose and prance on… Continue reading

Cumberland resident finds prized possession from childhood

Corrina Mahoney was scanning the 24 Hour Bidding site and happened upon… Continue reading

Courtenay seeking input on community goals and growth

Survey participants could win $100 gift certificates

Comox holds off on mask proclamation

Local doctor called for language to encourage people, businesses to support maks

B.C. records 30-50 new COVID-19 cases a day over weekend, no new deaths

Many of those testing positive were identified by contact tracing for being linked to other confirmed infections

Charlie’s Car Wash in Courtenay raising funds for YANA

Michael Seib the owner of Charlie’s Auto Wash (beside Value Village) in… Continue reading

Five B.C. First Nations call out Canada for ‘discriminatory’ food fish practices

West Coast nations say government ignoring court-won right to chinook and coho

Rent-relief program becomes new front in fight between Liberals, opposition

Opposition trying to draw parallels between decision to have Canada Mortgage and Housing Corp. run program and the WE controversy

Nanaimo woman will buy ‘supersonic’ hair dryer after $500,000 lotto win

Debra Allen won $500,000 in July 28 Lotto Max draw

Ottawa sets minimum unemployment rate at 13.1% for EI calculation

Statistics Canada says the unemployment rate was 10.9 per cent in July

Cougar euthanized after attacking little dog in Qualicum area

Owner freed pet by whacking big cat, but dog didn’t survive the attack

$45K in donations received after couple’s sudden death in Tulameen

Sarah MacDermid, 31, and Casey Bussiere, 37, died August long weekend

Most Read