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Sask lifting emergency layoff provisions on Sunday
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Lifting the State of Emergency & Health orders brings an end to Public Emergency layoff provisions
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Sask lifting emergency layoff provisions on Sunday
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CRA s COVID Benefits: How to Save Your Stimulus Money From the CRA Clawback
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Becoming a parent is a whole new chapter of your life. Planning a baby is not just an emotional decision but also a financial decision. A baby needs constant care and attention. The Canada Revenue Agency (CRA) has some cash benefits and tax deductions for parents.
The CRA’s childcare benefits for parents
The CRA has divided all permanent child benefits into three segments:
Young children below six years of age
Older children above six but below 18 years of age
Children with physical or mental impairments.
The CRA offers higher benefits for the first and third segments, as they need more care than the second segment. Sometimes, one parent even gives up a job to care for children. This makes it difficult for low- and middle-income earners to manage expenses.