Federal budget 2015: Who is winning in the Conservatives’ pre-election plan… – National Post
April 21, 2015
Federal budget 2015: Who is winning in the Conservatives’ pre-election plan and who’s losing out
Here’s a look at some of the winners and losers in the federal budget.
The enhanced Universal Child Care Benefit will increase to $160 per month for families with children under six, and add a benefit of $60 a month for children between six and 17.
Families will also see a tax break with a $1,000-increase to the maximum amount that can be claimed under the Child Care Expense Deduction, which comes into effect next year.
For seniors, the government is reducing the minimum withdrawal required from retirement savings funds and introducing a tax credit to help cover the cost of home accessibility features such as wheelchair ramps and stair lifts.
