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Old 01-05-2013, 08:14 PM   #11
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Re: Canadian mamas

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Ouch. My heart. It breaks into many, many pieces.
:therethere: it's beautiful up here. never too late for a relocation.

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Old 01-05-2013, 08:18 PM   #12
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:therethere: it's beautiful up here. never too late for a relocation.
I came from Michigan which is basically the same thing with a lot more violence and none of the benefits... So not the same thing at all. Anyway, I looked and Canada says they don't want no low life American sahm. Maybe when dh finishes his degree I'll coerce him into looking for work there.
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Old 01-05-2013, 08:59 PM   #13
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Re: Canadian mamas

We have a child tax credit which I think is similar to yours - we get that on our taxes once a year as a deduction.

Then once a month we get an amount for any child under 18. It is based on income but the income thresholds are VERY high.

Then also once a month we get $100 which is not tax free for any child under 6. This is NOT based on income - across the board everyone gets $100/month. It is supposed to help pay for daycare - I'm a SAHM so we use it for other things.

ALSO - children who are disabled (like my DS2) get another monthly payment and another yearly tax deduction.

All told for our 5 kids - with one disabled - and three under 6 we get $854/month (and then our tax deductions yearly) and DH makes very good money. With a lower income it would be higher.

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Old 01-05-2013, 09:13 PM   #14
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I don't find the income threshold very high for the second one. I've not qualified for years yet I still feel broke lol.
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Old 01-05-2013, 10:23 PM   #15
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Re: Canadian mamas

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I don't find the income threshold very high for the second one. I've not qualified for years yet I still feel broke lol.
Odd - do you live in Vancouver or Toronto where the housing is crazy high?
Here is the income thresholds for 2011 taken from the government site ... They are pretty darn HIGH.

We qualify even with a very high income because of our large family, we live in Vancouver and if we had fewer kids we wouldn't qualify but if we had fewer kids I don't think we would need it either.
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Income levels are for the 2011 tax year. If you are entitled, CCTB payments for this tax year begin in July 2012.

Family size Amount
One child $112,957
Two children $112,957
Three children $150,532
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Old 01-05-2013, 10:25 PM   #16
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Re: Canadian mamas

Oh I remembered another program we have in Canada too - a few times a year (3 I think) low income people get a GST cheque. It is supposed to off-set the cost of our sales tax. I don't know how it is based, income etc (?) since I haven't had it in several years.
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Old 01-05-2013, 10:44 PM   #17
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We qualify for a very small amount of Child Tax but since we still qualify the Canadian government also provides 100/year for up to 15 years towards the kids RESP. It is t much with the cost of post secondary education but when combined with the fact that we live in Alberta and my kids were born in 2005 or after they also received $500 from the provincial government and will get an extra $300 when they turn 8. That is $2300 of free education savings (provided we continue to qualify for Child Tax)

I am not sure if other provinces have this but we also have Alberta working family tax which is a rebate of up to $550 in Jan and July for working families. It is income based but on a sliding scale, 3 years ago we got $13.44 and now we get nothing
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Old 01-05-2013, 11:58 PM   #18
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Re: Canadian mamas

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Oh I remembered another program we have in Canada too - a few times a year (3 I think) low income people get a GST cheque. It is supposed to off-set the cost of our sales tax. I don't know how it is based, income etc (?) since I haven't had it in several years.
Yeah, it's income based, given out quarterly. Ontario has a similar one that's given out monthly. Part of me is not looking forward to filing taxes this year, as we made a lot more this year and thus our tax credits are going to go down....
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Old 01-06-2013, 12:21 AM   #19
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Oh.. That's interesting. I thought it would be in lieu of a child tax credit. Or at least that's how I kept myself from feeling cheated by being American.

You win again, moose wranglers.
Except the sad fact that my husband loses more income to taxes than I make in a year! Seriously, I am a bleeding heart socialist but the taxes are killing me!
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Old 01-06-2013, 12:24 AM   #20
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Except the sad fact that my husband loses more income to taxes than I make in a year! Seriously, I am a bleeding heart socialist but the taxes are killing me!
If you don't mind, can I ask what his tax rate is?
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