OTTAWA – The Liberals intend to introduce legislation that would exempt the Canada Disability Benefit from being classified as income under the Income Tax Act.
The provinces and territories are also being urged to prevent the program’s recipients from experiencing a reduction in their other benefits as a consequence of the autumn economic statement, which was released on Monday.
“The government will be monitoring the decisions of provinces and territories and is prepared to take action to ensure the federal benefit is not clawed back,” according to the economic statement for autumn.
The disability benefit, which is scheduled to be implemented in July, would provide eligible individuals with a monthly allowance of up to $200.
While advocates have criticized the amount for being too low, some have also expressed apprehension that the benefit could result in a reduction in provincial and territorial government benefits if it were classified as taxable income.
“This is a thing that makes it easier for provinces, frankly, to make the right decision,” said the representative.
Additionally, she stated that it serves as a notification from the government to the community that it intends to collaborate with individuals with disabilities in order to realize the “full value” of this benefit.
Nevertheless, she stated that the sum of money that individuals can receive through the benefit is inadequate.
MacKenzie stated, “It’s a beginning; I will not assert that it is a satisfactory beginning.” “People with disabilities continue to push for an increase in that amount.”March of Dimes Canada’s national director of external affairs, Amanda MacKenzie, expressed her satisfaction with the government’s intention to exempt the organization from taxation.
Also See: Canadians Set To Receive Double Pension Payments This December
