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.

Just Posted

Alberta Justice Minister advocates UCP rural crime plan

Expanded property rights, more power to peace officers, demonetizing scrap mental part of UCP plan

Snowmen starting to make appearances around town!

Warm weather may not exactly be helping the cause, however

Viterra and Canadian Foodgrains Bank partner to help end world hunger

A total of 254 acres from Viterra terminals in the Alberta including Stettler were made available

Fashion Fridays: Tips for the holidays

Kim XO, helps to keep you looking good on Fashion Fridays on the Black Press Media Network

Ski resorts selling mountain water is a risky move, critics say

Alberta allowed ski resort in Kananaskis Country to sell about 50 million litres to third party

Sportsnet looks at new options for Coach’s Corner time slot, post-Don Cherry

Spokesperson says Hall of Fame feature on tap this weekend after co-host’s firing

CN Rail confirms job cuts as weakening economy cuts into freight volumes

Railroad also said it was affected by a slowdown in the B.C.’s forestry sector

New case of vaping-related illness in Quebec brings national total to 8

Quebec health minister considering tightening the rules around vaping products

Greens to vote against Liberal throne speech unless carbon targets toughened: May

Green leader Elizabeth May and Prime Minister Justin Trudeau met Friday, discussing common ground

Alberta Opposition asks auditor general to review Kenney adviser’s London trips

The office declined to give details of the meetings, citing corporate confidences

‘Hyperbolic’: Longtime Edmonton charity questions ‘anti-Albertan’ inquiry

Inquiry was called earlier this year to fulfil a campaign promise by Premier Jason Kenney’s United Conservative

Most Read