Close X
Thursday, November 28, 2024
ADVT 
National

Alberta Families Who Make Less Than $41,000 To Get Child Benefit, Tax Credit

Darpan News Desk The Canadian Press, 12 Nov, 2015 12:51 PM
    CALGARY — Alberta is bringing in two benefits to give more money to low-income families.
     
    The new Alberta Child Benefit and enhanced Alberta Family Employment Tax Credit will impact families earning less than $41,220 per year, including those receiving Assured Income for the Severely Handicapped and social assistance.
     
    The maximum annual benefit is $1,100 for families with one child, and up to $2,750 for families with four or more children.
     
    The maximum annual tax credit is $754 for families with one child, and up to $1,987 for families with four children or more.
     
    "No child should grow up in poverty. Every child in Alberta deserves the chance to take part in their communities and reach their full potential," said Human Services Minister Irfan Sabir.
     
    "It is simply unacceptable that in a province as prosperous as ours that many hardworking Albertans struggle to make ends meet."
     
    Both benefits will be sent out to parents starting in July 2016 and the child benefit will be sent out in four payments, while the tax credit will be sent out twice a year.
     
    To be eligible, families must be residents of Alberta, file a tax return and have one or more children under 18.
     
    Finance Minister Joe Ceci said it made sense to implement the benefit next summer instead of right away.
     
    "There was the view that we could do it best if we took some time," Ceci said.
     
    "We wanted to ensure that it came out when it was needed. It's needed right across this province but we could get it organized and deliver it best."

    MORE National ARTICLES

    The Liberals Say The Return Of The Long-form Census Will Save Money. Will It?

    The Liberals Say The Return Of The Long-form Census Will Save Money. Will It?
    The Trudeau Liberals, in one of their first acts in government, brought back the long-form census.

    The Liberals Say The Return Of The Long-form Census Will Save Money. Will It?

    Film And TV Jobs In Nova Scotia In Rapid Decline Since Elimination Of Film Tax Credit: NDP

    Film And TV Jobs In Nova Scotia In Rapid Decline Since Elimination Of Film Tax Credit: NDP
    The number of film and TV jobs in Nova Scotia has plunged since the provincial government eliminated a key film tax credit in the spring, the opposition New Democrats said Tuesday.

    Film And TV Jobs In Nova Scotia In Rapid Decline Since Elimination Of Film Tax Credit: NDP

    Minnesota Transportation Commissioner Acquires Canadian Consulate General Residence For $1.65M

    Minnesota Transportation Commissioner Acquires Canadian Consulate General Residence For $1.65M
    Charlie Zelle confirmed Wednesday he purchased a five-bedroom, five bathroom Minneapolis lakeshore home that has been the Canadian consulate general official residence.

    Minnesota Transportation Commissioner Acquires Canadian Consulate General Residence For $1.65M

    Canada, Denmark Should Turn Hans Island Into A Condominium: Academics

    Canada, Denmark Should Turn Hans Island Into A Condominium: Academics
    Arctic experts from Canada and Denmark are proposing a novel solution to who controls an ice-bound speck of an island midway between the two countries.

    Canada, Denmark Should Turn Hans Island Into A Condominium: Academics

    Queen Elizabeth Grants Audience To Prime Minister Justin Trudeau

    Queen Elizabeth Grants Audience To Prime Minister Justin Trudeau
    The prime minister says he's looking forward to meeting and speaking with the Queen on his way to Malta near the end of the month.

    Queen Elizabeth Grants Audience To Prime Minister Justin Trudeau

    More Of Canada's Recent University Grads Overqualified For Their Jobs: Study

    More Of Canada's Recent University Grads Overqualified For Their Jobs: Study
    OTTAWA — A new report says a growing proportion of recent university graduates are overqualified for their jobs.

    More Of Canada's Recent University Grads Overqualified For Their Jobs: Study

    PrevNext