Finance committee  To add, I will give you a sense of the reason why a province or territory might use that information. You could have a family with children just coming on social assistance. They might be eligible for certain transition payments. Let's say they've experienced a drop in income. It

Finance committee  Thank you for the question. In terms of data sharing, we can say that the transition is over and it will not be an issue for a few years.

Finance committee  When the Canada workers benefit, building on the current working income tax benefit, is introduced in 2019, you can think of two main enrichments or improvements. One is the generosity of the benefit. It will become more generous in a couple of ways. First, the maximum benefit wi

Finance committee  That's a year. These are annual amounts.

Finance committee  Also, the Canada workers benefit, to use the new name, phases in with earnings, it's flat for a while, and then it phases out with your net income. The proposal is to start phasing it out a little later so people can earn a bit more income before it starts to phase out and then p

Finance committee  That's about 300,000 eligible low-income workers.

Finance committee  Just the idea of the supplementing it requires. It's phased in with earnings. That could be employment income or it could be self-employment income. The idea is to support low-income families in a way that's connected to work. That requires you to have a job. That's the encourage

Finance committee  Trevor talked about the expansion, that psychiatric service dogs will be included as an eligible expense. If you think of psychiatric service dogs in general, they can be tasked with, if people have severe anxiety, searching their homes before they enter. If someone is experienci

Finance committee  The medical expense tax credit is a non-refundable credit. It's for above-average medical expenses. It's the portion of eligible expenses that are about 3% of your net income for most people. Basically, it will be 15% of whatever those eligible expenses could be. It could be obta

Finance committee  I'm thinking of an unattached individual because it's going to phase out around $13,000. That's roughly around the same level because you have—

Finance committee  The basic personal exemption in 2017 was $11,635. That person will be able to claim the Canada employment credit, so about $1,150, roughly; their CPP contributions; and their EI premiums. Probably they're not quite tax—it's pretty close. For a single parent, it would probably be

Finance committee  Yes, it does.

Finance committee  It does. When it's phasing in, it's reducing the marginal tax rate. When it's phasing out, it's increasing the marginal tax rate. When we design and enrich these programs, that's something we're always mindful of. That's one of the motivations for reducing the phase-out rate to

Finance committee  I think one of the interesting issues in comparing the earned income tax credit in the U.S. with the current working income tax benefit—which will become the Canada workers benefit—is that if you think of the delivery of child benefits in the U.S., a lot of it is done through the

Finance committee  It depends. You could think of it two ways. You could think of their total liability during the year. If I'm in one of those cases where I start to pay tax—I might owe this amount of tax and I received this amount of what will be the Canada workers benefit—it might be a net posit