Helping Create Jobs and Growth for Canadians
Tax relief measures are an essential part of the Government’s effort to stimulate the economy and help build a solid foundation for future economic growth, more jobs, and higher living standards.
Children’s Arts Tax Credit
The Government has introduced a 15 per-cent non-refundable Children's Arts Tax Credit to better recognize the costs associated with children's artistic, cultural, recreational and developmental activities.
First-Time Home Buyers' Tax Credit
To assist first-time home buyers with the costs associated with the purchase of a home, the federal government introduced the First-Time Home Buyers’ Tax Credit (HBTC)—a $5,000 non-refundable income tax credit amount on a qualifying home.
Hiring Credit for Small Business
Economic Action Plan 2013 proposes to expand and extend the temporary Hiring Credit for Small Business.
Children's Fitness Tax Credit
A non-refundable tax credit of up to $75 per child for eligible expenses (maximum $500) of enrolling in a prescribed program of physical activity.
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Family Caregiver Amount (FCA)
A non-refundable tax credit of up to $300 for taking care of an eligible dependant.
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Tradesperson's Tools Deduction
Tradespersons can deduct from their income part of the cost of tools purchased throughout the year.
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