Economy Taxes

Cancel family income splitting.

Liberal Platform | Page 78
October 5, 2015

Tuesday March 22, 2016 | Global News

Federal budget 2016: Trudeau eliminates Harper-era tax credits

The Liberal government's first budget is eliminating many of the personal tax credits enacted by the Conservatives, focusing instead on larger benefits programs.

The Children's Fitness Tax Credit and Children's Arts Tax Credit will soon be gone: cut in half in 2016 and eliminated in 2017. Income-splitting for parents is also gone.