Tag · Canada
caregiving
Loopholes Tagged "caregiving"
Plain-English guides to Canadian legal rights and workarounds related to caregiving.
Easy If You Pay Taxes
Canada Caregiver Credit — Claim Extra Tax Relief When Supporting an Infirm Relative
The Canada caregiver credit can reduce tax when you support an infirm spouse, child, parent, grandparent, or other eligible dependant.
Easy If You're Saving for Retirement
CPP Child-Rearing Provision — Drop Low-Earning Years So Your Pension Stays Higher
If you had low or zero earnings while caring for a child under age 7, the Canada Pension Plan child-rearing provision can exclude those years from your CPP retirement, disability, or survivor benefit calculation, often increasing benefits for life.