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Status of Women committee  I guess there's another small example of that from Budget 2007. The change to the RRSP/RIF conversion age from 69 to 71 at least facilitates the ability to continue working for older workers, and there was a related pension change so you can keep contributing to a pension for a l

May 15th, 2007Committee meeting

Alexandra MacLean

Status of Women committee  Well, 2006 was a complicated year, for sure. I believe you're correct regarding 2005. The rate for 2006, I believe, averaged out to 15.25%.

May 15th, 2007Committee meeting

Alexandra MacLean

Status of Women committee  But the current rate is 15.5%, not—

May 15th, 2007Committee meeting

Alexandra MacLean

Status of Women committee  Perhaps I could undertake to provide—

May 15th, 2007Committee meeting

Alexandra MacLean

Status of Women committee  I have a couple of comments. First, the basic structure of the Canadian income tax system goes back to the 1972 tax reform, which was in response to the Carter commission of the 1960s. Carter recommended family-based taxation, but in response to pressure from women's groups or

May 15th, 2007Committee meeting

Alexandra MacLean

Status of Women committee  Sorry, could I just address that? There is a special consideration given for persons who are eligible for the disability tax credit. Their earnings threshold for this benefit to apply is $1,750 instead of $3,000. Perhaps that might be of assistance.

May 15th, 2007Committee meeting

Alexandra MacLean

Status of Women committee  I'm not sure if it's monthly, but it will be a payment that's more than annual, certainly, beginning in 2008. And there will be a possibility to get an advanced payment to prevent people from having to wait too long, as they normally would with tax relief measures, which are afte

May 15th, 2007Committee meeting

Alexandra MacLean

Status of Women committee  That's right. It's intended as a work incentive measure. So there is a phase-in that's related to having earnings from employment. So yes, there is that phase-in range that Ms. Poter mentioned, beginning at $3,000. I would add that this is for a single individual. There's a diffe

May 15th, 2007Committee meeting

Alexandra MacLean

Status of Women committee  I can speak to the registered disability savings plan, certainly. It's a new measure that was developed on the basis of recommendations of an expert panel that was appointed by Minister Flaherty. The plan design is based on the registered education savings plan model; that is to

May 15th, 2007Committee meeting

Alexandra MacLean

Status of Women committee  I think the working families tax plan includes WITB, the working income tax benefit. The other elements, I may have to get back to you on. I'm sorry, we had a number of tax measures this budget, only some of which are included in the working families tax plan. So I wouldn't want

May 15th, 2007Committee meeting

Alexandra MacLean

Status of Women committee  I'll come back.

May 15th, 2007Committee meeting

Alexandra MacLean