cover image: 2021 FEDERAL ELECTION OVERVIEW OF PARTY PLATFORM COMMITMENTS Introduction - Forward. For Everyone. (Liberal Party)

20.500.12592/1922t8

2021 FEDERAL ELECTION OVERVIEW OF PARTY PLATFORM COMMITMENTS Introduction - Forward. For Everyone. (Liberal Party)

13 Sep 2021

• Introduce a new Labour Mobility Tax Credit to allow workers in the building and construction trades to deduct up to $4,000 in eligible travel and temporary relocation expenses, giving them a tax credit of up to $600 a year. [...] 48) • Allow those on (EI) maternity and parental leave to earn up to $1,000 per month to enable them to stay connected to the workforce and ease their return to work. [...] 23) • Bring back the former Extra Five Weeks pilot project to support workers in seasonable industries bridge the gap between the end of EI and the start of seasonal work, making it permanent and restoring the economic regions in the territories and PEI to their 2014 boundaries. [...] 44): o “This will take the form of a reduction in capital gains tax when the owner sells to a trust owned by the employees, enabling ownership to transfer to the people who have partnered in building the business. [...] 47) o “This will increase the support that lower-income families receive by thousands of dollars per year and provide more assistance to almost all families.” o “We will also pay out the deduction over the course of the year so that families do not have to pay the cost of childcare and then get the money back later.” • Increase the maximum a parent can claim under the Adoption Expense Tax Credit f.

Authors

Melissa Choi

Pages
25
Published in
Canada