Close X
Monday, December 2, 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

    Valeant Pharmaceuticals Faces New Legal Challenges With Investigations Into Eye Care Business

    Valeant Pharmaceuticals Faces New Legal Challenges With Investigations Into Eye Care Business
    Valeant disclosed Monday that it is subject to separate investigations launched by the Federal Trade Commission and Justice Department.

    Valeant Pharmaceuticals Faces New Legal Challenges With Investigations Into Eye Care Business

    2015 John Gibbard Award for Youth Recipient – Anjali Katta

    2015 John Gibbard Award for Youth Recipient – Anjali Katta

    Every year, the Vancouver branch of the United Nations Association in Canada celebrates UN Day by...

    2015 John Gibbard Award for Youth Recipient – Anjali Katta

    Randall Hopley, Who Abducted 3-Year-Old B.C. Boy, Appeals 7-Year Sentence

    Randall Hopley, Who Abducted 3-Year-Old B.C. Boy, Appeals 7-Year Sentence
    A lawyer wants less time behind bars for a man who abducted a three-year-old boy from his bedroom during a late-night break-in at a home in southeastern British Columbia.

    Randall Hopley, Who Abducted 3-Year-Old B.C. Boy, Appeals 7-Year Sentence

    Canadians Buying More Tablets And Smartphones, Spending More On Data Services

    Canadians Buying More Tablets And Smartphones, Spending More On Data Services
    The CRTC says Canadians are spending a lot more for mobile and Internet service as they feed ever-increasing appetites for online entertainment.

    Canadians Buying More Tablets And Smartphones, Spending More On Data Services

    Judicial Recount Ordered In Barrie, Ont., Riding After Narrow Election Win

    Judicial Recount Ordered In Barrie, Ont., Riding After Narrow Election Win
    Elections Canada says there will be a judicial recount in the Ontario riding of Barrie–Springwater–Oro-Medonte.

    Judicial Recount Ordered In Barrie, Ont., Riding After Narrow Election Win

    Bank Of Canada Looking At Alternatives For Measuring Core Inflation

    Bank Of Canada Looking At Alternatives For Measuring Core Inflation
    HALIFAX — The Bank of Canada is examining alternatives to its "core inflation" method of tracking prices as it prepares to review its inflation-control agreement with the federal government next year.

    Bank Of Canada Looking At Alternatives For Measuring Core Inflation