Anju Dhillon

Your member of parliament for


Dorval—Lachine—LaSalle

Anju Dhillon

Your member of parliament for


Dorval—Lachine—LaSalle

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Tax Incentives, Benefits and Federal Funding

CANADA REVENUE AGENCY

Canada Revenue Agency (CRA) administers tax laws for the Government of Canada and for most provinces and territories, and administers various social and economic benefit and incentive programs delivered through the tax system.

Employment Insurance

The Employment Insurance (EI) program procures temporary income support to unemployed workers while they look for employment or to upgrade their skills. The EI program also provides special benefits to workers who take time off work due to specific life events (illness; pregnancy; caring for a newborn or newly adopted child, a critically ill child, or a family member who is seriously ill with a significant risk of death).

Research Tools

The federal government also has three very useful search engines that can be shared with any individual or organization that wishes to apply for funding from a program offered by the federal government. They are:

National Housing Strategy

CREATE NEW HOUSING SUPPLY

National Housing Co-Investment Fund – New Construction StreamLow-cost loans and capital contributions for building new affordable housing shelters, transitional and supportive housing.

Affordable Housing Innovation FundFunding for unique ideas and innovative building techniques that revolutionize the affordable housing sector.

Rental Construction FinancingLow-cost loans encouraging the construction of sustainable rental apartment projects across Canada.

Federal Lands InitiativeSurplus federal lands and buildings used to create affordable, sustainable, accessible and socially inclusive developments.

Other funding and financing opportunitiesFind other CMHC funding and financing opportunities.

MODERNIZE EXISTING HOUSING

National Housing Co-Investment Fund – Housing Repair and Renewal StreamLow-cost loans and capital contributions for repairing/renewing affordable housing shelters, transitional and supportive housing.

Other funding and financing opportunitiesFind other CMHC funding and financing opportunities.

Affordable Housing Innovation FundFunding for unique ideas and innovative building techniques that revolutionize the affordable housing sector.

RESOURCES FOR COMMUNITY HOUSING PROVIDERS

The Federal Community Housing Initiative — Phase 1Subsidies for federally-administered community housing providers provided under their existing operating agreements.

Community Housing Transformation Centre and Sector Transformation FundLaunching 2019. Tools and assistance to increase the capacity of community housing providers and support an efficient community housing sector.

Community-Based Tenant InitiativeLaunching 2019. Funding for local organizations helping tenants access information on housing options, improve financial literacy and management.

Please visit https://www.cmhc-schl.gc.ca/en for more housing information.

FIRST-TIME HOME BUYER INCENTIVE

Every day Canadians work hard to build a better future for themselves and their families, but for many, rising house prices have made homeownership seem unaffordable and increasingly out of reach. That’s why in Budget 2019, we announced the First-Time Home Buyer Incentive which will help lower monthly mortgage payments, making homeownership more accessible for middle-class Canadians. Starting on September 2nd, 2019, it will be more affordable for Canadians to buy their first home. Everyone needs a safe and affordable place to call home, but today, too many Canadians are being priced out of the housing market. The new First-Time Home Buyer Incentive will make homeownership more affordable for first-time buyers by allowing them to lower their monthly mortgage payments without increasing their downpayment. This means more money in the pockets of middle-class Canadians. Through Budget 2019, for the 4th consecutive year, our Government is making significant investments to help Canadians find an affordable place to call home, while also making the housing market fairer. The incentive will allow eligible First-Time homebuyers, who have the minimum down payment for an insured mortgage, to apply to finance a portion of their home purchase through a form of shared equity mortgage with the Government of Canada.  This means that First-time homebuyers will be able to save up to $286 a month on their mortgage payments through the First-Time Home Buyer Incentive. This means lower monthly payments and more money for hard-working middle-class Canadians to put towards the things that matter to them: furthering their education, putting their kids in sports, or saving for retirement.

CANADA CHILD BENEFIT:

Parents want to provide their children with the best start in life, and hard-working Canadians should have the chance to do so. Our Government made a promise to Canadians to grow the middle class by building an equal Canada where everyone has a fair shot at success. The Canada Child Benefit is a critical piece of that plan, and the results speak for themselves.  In 2016, the Government of Canada launched the Canada Child Benefit in July 2018, two years ahead of schedule. The benefit was increased to keep up with the cost of living. Starting July 20th, 2019, we’re increasing the CCB for the second time, to put more money in the pockets of hard-working middle-class families. In our riding, as of October 2018, 19,690 children have benefited from the CCB. As of April 2019, those figures have increased to 20,230 children.  This means another 540 more children have been provided access to better opportunities, marking a near 3% increase in six months! Proof that our Government’s plan is working!

The Canada child benefit (CCB) is a tax-free monthly payment made to eligible families to help them with the cost of raising children under 18 years of age. The CCB might include the child disability benefit as well as any related provincial programs.