Stephen Harper announces $3B of tax breaks for families with children

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.

Read full article at Toronto Star