Welcome back the Family Allowance, as the Tories change the UCCB to become a taxable benefit, and we return to the happy world of the Family Allowance cheque (which at the end of the program was given and then clawed back if you made enough money). Interesting that the new UCCB pays out now, but a lot of folks who don’t realize it is a taxable income source, won’t figure it out until after the election? I know, the Liberals & NDP (and me) will be pointing that out long before the election.
Now there is talk of a real deficit this year (not a big one, but no balanced budget to go into the election with either). What with all the talk of recession (check out the CBC’s panel at the end of this and their views on this) and it looks like the economy may be a liability for the Tories, instead of a rallying point for voters.
Thanks to the drop in Interest rate drops last week, the Canadian Dollar is at an 11 year low, and doesn’t really show any sign of dropping either (so if you were planning a fun trip to the USA, it is going to cost you some more). For our American friends, come on up, everything is now much cheaper than it was last year.
Bell is now being forced to share their high-speed internet home connections? I applaud the CRTC for helping make sure there is competition for home high-speed internet access.
My Writings for Week Ending July 24th
Glad to see I am living in “sin city” in terms of Ashley Madison subscriptions :
- RDSP Questions and Answers is me trying to help folks out who are trying to set things up (and reusing some research I did for an ill-fated interview at the same time).
- I have said it before, but I will say it again, The CRA Does Not Like Changes, and they will call you on them every time (in terms of asking for receipts).
- I am sure most folks know that the new UCCB (or the old Family Allowance) is a Taxable Income, but I figured I’d point it out to ensure my Captain Obvious points for the week.
I am still on this fine list from LSM Insurance:
— Chantal Marr (@LSMInsurance) July 21, 2015