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April 22, 2015

Budget 2015 maps out Tory election vision for the middle class

Finance Minister Joe Oliver’s first budget will bring in a surplus of $1.4 billion. It also includes income splitting for families and allows Canadians to contribute more to their tax free savings accounts.

OTTAWA - The federal 2015 budget is an election document that sets out its vision for the middle class.

Published in Canada
January 30, 2015

Income splitting, child benefit likely safe bets

Cardus work and economics’ director Brian Dijkema believes promises made for family supports will still be in the next budget despite the drop in government revenues due to falling oil prices.

OTTAWA - A drop in oil prices has played havoc with federal government financial projections and raised doubts whether the federal government can balance the budget, but observers say election promises that would benefit families are unlikely to be affected.

Published in Canada
October 31, 2014

Income-splitting for Canadian families welcomed by family groups

Prime Minister Stephen Harper greets the crowd at the Schwartz/Reisman Community Centre prior to announcing new measures to help make life more affordable for Canadian families.

OTTAWA - The federal government has introduced new measures to help families keep more of their earnings in their own pockets.

Published in Canada
June 30, 2014

IMFC debunks myths on income splitting

A new report by the Institute of Marriage and Family Canada debunks myths surrounding income splitting.

OTTAWA - The Institute of Marriage and Family Canada (IMFC) has released a study debunking myths about income splitting as a way to provide tax relief for Canadian families.

Published in Canada