Tuesday, October 07, 2008

CHILD CARE BENEFIT

Conservatives protecting, improving Universal Child Care Benefit

Prime Minister Stephen Harper today announced that a re-elected Conservative Government will take further steps to provide relief for Canadian parents in uncertain global economic times.

“As a parent, I do appreciate the financial challenges involved in raising children,” the Prime Minister said. “And, of course, I do understand that these challenges are even greater for the more than one million Canadian single parents who struggle on low incomes.”

True to its commitment in the 2006 federal election campaign, the Conservative Party gave child care choice to Canadian parents through the Universal Child Care Benefit, a direct payment of $100 per month for each child under six. A re-elected Conservative Government will:

  • Fully index the $100 per month Universal Child Care Benefit (UCCB) to inflation, ensuring that the value of the benefit does not erode over time, and returning about $50 million per year to parents, on top of the $2.4 billion that is already being returned to parents through the current UCCB.
  • Make the $100 per month per child benefit tax free for sole-support single-income parents, providing nearly $50 million per year in new support for lone-parent families.

Enhancing the Universal Child Care Benefit is another component of the Conservatives’ realistic plan to manage the economy. The plan includes keeping the budget balanced, lower taxes, keeping inflation low and investments to ensure we continue to create jobs. Giving a break to parents supports the second principle of the plan: lower taxes.

“It is not enough to talk about wanting to help Canadian families; you need an achievable, believable plan to actually do it,” Prime Minister Harper said.

Between now and October 14, Canadians will choose between the Conservative’s real plan to protect the Canadian economy amid global uncertainty, and an opposition with no plan and with policies that will take our economy in the wrong direction.


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