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

Letter to the Editor: I stand with them

Hazelton resident shares his perspective on why he supports the Wet’suwet’en

Cab stolen in Terrace, found destroyed along Hwy 16 riverbank at rest stop

Driver was sent to Prince Rupert hospital after stealing the running vehicle from company lot

Wet’suwet’en hereditary chiefs call for end of police patrols

Temporary closure of field office not enough to meet demands

CGL must revise impact assessment on Unist’ot’en Healing Center

Environmental Assessment Office not satisfied with report’s shortcomings

VIDEO: B.C.’s seventh coronavirus patient at home in Fraser Health region

Canada in ‘containment’ as COVID-19 spreads in other countries

B.C. takes over another Retirement Concepts senior care home

Summerland facility latest to have administrator appointed

Prescription opioids getting B.C. addicts off ‘poisoned’ street drugs

Minister Judy Darcy says Abbotsford pilot project working

Royals, Elvis, Captain Cook: Hundreds of wax figures find new life in B.C. man’s home

Former director of Victoria’s Royal London Wax Museum still hopes to revive wax figure tourism

Teck CEO says Frontier withdrawal a result of tensions over climate, reconciliation

Don Lindsay speaks at mining conference, a day after announcing suspension of oilsands project

Okanagan man swims across Columbia River to evade Trail police

RCMP Cpl. Devon Reid says the incident began the evening of Thursday, Feb. 20

‘Hilariously bad’: RCMP looking for couple with forged, paper Alberta licence plate

Mounties said the car crashed when it lost a wheel but the duo ran away as police arrived

UPDATE: Two missing scout leaders found near Sooke after swollen creek traps troop

Third leader and scouts located, prior to search for two leaders who’d gone for help

Harvey Weinstein found guilty of sex crimes in landmark #MeToo trial

The cases against the Hollywood mogul started the #MeToo movement

Most Read