Having a Baby - Benefits and Subsidies

Sick Benefits

If you are unable to work due to illness, you may be eligible for sickness benefits.


Ontario Child Care Supplement for Working Families

You may be eligible for the Ontario Child Care Supplement for Working Families, a tax-free monthly payment.


Child and Family Benefits

The Canada Child Tax Benefit and the Goods and Services Tax Credit are tax-free periodic payments made to eligible families.


Daycare and Daycare Subsidies

For information on the subsidy to cover child care costs contact your local municipality.


Registered Education Savings Plan (RESP)

RESPs are registered savings plans that allow savings to grow tax-free until your child enrols in post secondary education.


Staying Home to Raise Your Child - Canada Pension Plan

The Canada Pension Plan includes a provision for parents who stay home (or reduce their earnings) to care for a child. The Child Rearing Drop-out Provision protects parents against significant reductions in their future pensions.

 

Page 12220 |