![federal budget 2021 federal budget 2021](https://fee.org/media/38328/new20budget20report20shows20that20future20generations20are20totally20screwed_1d3858a2-3bf1-4ff2-bbcb-6855372d0ebe.png)
Helping Youth and Students Build Job Skills and Connect with Employers To extend the Canada Recovery Caregiving Benefit an additional 4 weeks, to a maximum of 42 weeks, at $500 per week, in the event that caregiving options, particularly for those supporting children, are not sufficiently available in the interim as the economy begins to safely reopen. As the economy reopens over the coming months, the government intends that the remaining 8 weeks of this extension will be paid at a lower amount of $300 per week claimed. The first four of these additional 12 weeks will be paid at $500 per week. To provide up to 12 additional weeks of Canada Recovery Benefit to a maximum of 50 weeks. Providing Additional Weeks of Recovery Benefits
![federal budget 2021 federal budget 2021](https://i0.wp.com/cef.org/wp-content/uploads/Presidents-FY-2021-Education-Funding-pie-chart.jpg)
The government would raise the income level at which the Canada Workers Benefit (CWB) starts being reduced to $22,944 for single individuals without children and to $26,177 for families. The Government proposes to establish a $15 Federal Minimum Wage, rising with inflation, with provisions to ensure that where provincial or territorial minimum wages are higher, that wage will prevail. Increase in the Federal Minimum Wage to $15 The government will undertake a review of these changes in 2023. Recognize more activities in determining time spent on life-sustaining therapy and to reduce the minimum required frequency of therapy to qualify for the DTC.
#Federal budget 2021 update
Update the list of mental functions of everyday life that is used for assessment for the DTC, using terms that are more clinically relevant, thereby making it easier to assess, reduce delays, and improve access to benefits.Improving Access to the Disability Tax Credit (DTC)
#Federal budget 2021 full
![federal budget 2021 federal budget 2021](https://countpro.com.au/wp-content/uploads/2021/05/budget.png)
An average of $10 a day by 2025-26 for all regulated child care spaces in Canada, outside of Quebec.A 50% reduction in average fees for regulated early learning and child care in all provinces outside of Quebec, to be delivered before or by the end of 2022.The federal government will work with provincial, territorial, and Indigenous partners, over the next five years, to build a Canada-wide, community-based system of quality child care. I. Measures concerning individuals Establishing a Canada-Wide Early Learning and Child Care System To help you understand how the 2021/22 budget affects individuals financially, our Tax and Estate Planning Team has provided this analysis. The budget also contains new tax measures, with the deficit expected to reach $154.7 billion this year on top of nearly $354 billion in 2020. It includes funding for a national childcare program, housing, transit, green technology and extension of COVID-19 wage and rent subsidies.