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Programs for Children

Programs for Children. Early Childhood Development 

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Programs for Children

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  1. Programs for Children

  2. Early Childhood Development  • With direction provided by such research, the Government of Canada is moving ahead to support early childhood development through its new agreement with provincial and territorial governments.  Early childhood development was identified by governments as a priority under the National Children’s Agenda. 

  3. As its contribution, the Government of Canada is making a substantial total investment of $2.2 billion in early childhood development through this initiative over five years, starting in 2001/02. Provincial and territorial governments will use this increased funding to promote healthy pregnancy, birth and infancy; improve parenting and family supports; strengthen early childhood development, learning and care; and strengthen community supports.

  4. More Income for Canadian Families • To provide support for all Canadian families, we made them our first priority for tax cuts.  Families with children will get tax breaks averaging 21 per cent by the time the 2000 budget measures are fully in place.

  5. By 2004, yearly funding to families under the Canada Child Tax Benefit will have increased by $2.5 billion.  Parents will then be able to claim annual benefits of up to $2,400 for the first child and $2,200 for subsequent children—up from the current maximums of $1,805 and $1,605 respectively.  And the Canada Child Tax Benefit is now indexed to keep up with the cost of living.

  6. Universal Child Care Benefit • The Universal Child Care Benefit (UCCB) program issues a taxable $100 monthly payment to families for each child under the age of six to help cover the cost of child care. • Delivered by: Canada Revenue Agency (CRA) on behalf of Human Resources and Social Development Canada (HRSDC)

  7. Canada Education Savings Grant (CESG) • The Canada Education Savings Grant (CESG) provides grants to Registered Education Savings Plan (RESP) contributors until the beneficiaries reach the age of 17. • Delivered by: Human Resources and Social Development Canada (HRSDC)

  8. Financial Information • On the first $500 you save in your child’s RESP, the Canada Education Savings Grant will give you: • 40 cents per dollar, if your net family income is $37,885 or less • 30 cents per dollar, if your net family income is between $37,885 and $75,769 • 20 cents per dollar, if your net family income is more than $75,769 • No matter what your net family income is, when you save more than $500, the Canada Education Savings Grant will give you 20 cents for every extra dollar, up to $2,500. • The family net income amounts are updated each year based on the rate of inflation. Income amounts shown are for 2008.

  9. Day care deduction • f your child qualifies as disabled, the deductible amount is up to $10,000. Otherwise, the deductible amount is up to $7,000 annually or $583 per month for children under 7 years of age and up to $4,000 annually or $333 per month for all other children. Subject to a couple of limitations, the expense must have been incurred to enable the taxpayer to carry on employment, business, occupational training, grant-funded research, or attend school under certain specific conditions.

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