Implement childcare expense deductions and benefits

[MaxGhenis]

Description

Implement childcare-related tax deductions and benefit programs.

Federal Programs

• Child Care Expense Deduction (CCED)
• Canada-Wide Early Learning and Child Care (CWELCC) system
• Enhanced child care subsidies

Provincial Programs

Ontario

• Ontario Child Care Tax Credit
• Child Care Fee Subsidy

Quebec

• Refundable Tax Credit for Child Care Expenses
• Reduced-contribution child care spaces (.95/day)

British Columbia

• Affordable Child Care Benefit
• Child Care Fee Reduction Initiative

Alberta

• Child Care Subsidy Program

Implementation Requirements

• Child care expense input variable
• Number of children by age group
• Employment/education status of parents
• Income testing for subsidies
• Maximum deductible amounts
• Provincial subsidy calculations

References

• Child Care Expense Deduction
• Canada-Wide Early Learning and Child Care

Part of SPSD/M parity effort.