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Last week, the Department of Finance released its Fall Economic Statement where the Finance Minister highlighted its efforts to support families and the middle class.  Here are the proposals that the Finance Minister mentioned in his Fall Economic Statement speech: 1.    Strengthen the Canada Child Benefit.  Starting July 2018, the government will be making annual cost of living increases to the CCB which is 2 years ahead of schedule.  A single mother of two children making $35,000 will receive $560 in the 2019-20 benefit year towards the cost of raising her children.  2.    Enhance the Working Income Tax Benefit.  There will...
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Over the course of the public consultation period ending last October 2nd, the Department of Finance has received over 21,000 submissions.  And Financial post writer, Jamie Golombek, put it bluntly: "it would take a full-time staffer at the Department of Finance, spending a mere ten minutes reviewing each submission (and many of them are 50 pages or more!) 465 workdays to get through them all." That is an awful lot of time to be waiting for what the government will be doing next with regards to their proposed tax changes to address tax planning strategies used by private corporations.    And...
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