OTTAWA—With an election on the horizon, Prime Minister Stephen Harper’s government is moving to put more money in the pockets of Canadians through a $3-billion boost in family tax breaks.
The overhaul of family taxation, announced by Harper in a mini-budget at a campaign-style event in Vaughan, includes a limited form of income-splitting, increased monthly baby bonus payments and an expansion of the tax deduction parents can claim for child care expenses.
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