moved for leave to introduce Bill C-241, an act to amend the Income Tax Act (child support payments).
Mr. Speaker, the current tax treatment of child support payments requires custodial parents to pay taxes on the support they receive while non-custodial parents are allowed to fully deduct the amount.
Canada's tax policy taxes child support payments unlike what we see in the United States, Australia, Britain, Sweden, and many other countries of the world.
While the average child support order covers less than half the minimum cost of raising a child, up to one-third or more of the support payments that are meant to help feed and clothe children are taken away in taxes.
This private member's bill will alleviate this injustice and will work to bring fairness into our tax system, particularly as it relates to the future of our children.
I might add that I am paralleling this private member's bill with my private member's motion. The issue is relevant and this injustice to our nation's children must be corrected.
(Motions deemed adopted, bill read the first time and printed.)