As we all know, Canada is a traditional immigration country with generous benefits. From birth to old age, Canada's welfare policies span the entire life of its citizens! Even so, Canada frequently introduces or updates social welfare programs based on socio-economic conditions and needs to alleviate the living burden of its people.
Recently, at a Liberal Party caucus meeting held in New Brunswick, Prime Minister Justin Trudeau announced a three-pronged plan aimed at low- and middle-income families, which will legislate the first phase of a dental care program, provide housing benefits for renters, and double the federal Goods and Services Tax credit.
1. Measures Related to the First Phase of the National Dental Care Program
This benefit provides insurance for children under 12 years old from families with an income below CAD 90,000. The program will begin on December 1 of this year, retroactive to expenses incurred starting October 1 of this year. Depending on family income, this benefit will provide up to CAD 650 per child per year. For example:
1. Families with an adjusted net income below CAD 70,000 will receive CAD 650 for each child;
2. Families with an adjusted net income between CAD 70,000 and CAD 79,999 will receive CAD 390 for each child;
3. Families with an adjusted net income between CAD 80,000 and CAD 89,999 will receive CAD 260 for each child.
Although only children under 12 will have priority access, the program will expand in 2023 to include children under 18, seniors, and persons with disabilities. By 2025, all Canadian families with an annual income below CAD 90,000 will be able to enjoy this benefit.
2. One-time CAD 500 Rent Support Program
The Liberal Party also plans to implement a one-time CAD 500 rent support program by the end of this year, which will be available to families with a net income below CAD 35,000 or renters with an income below CAD 20,000. This program is included in the agreement between the New Democratic Party and the Liberal Party, and it will cost CAD 475 million, benefiting approximately 1.8 million low-income renters, including students.
3. Doubling the Goods and Services Tax Credit
Under the current policy, single Canadians with an income slightly above CAD 49,000 can receive CAD 467 per year. Married or common-law couples can receive up to CAD 612. Depending on income, each child under 19 can receive an additional CAD 161.
If this plan is passed by Parliament, the increase in tax credits will last for six months, costing CAD 2.5 billion and affecting approximately 11 million individuals and families. If the legislation for this measure is approved, it is expected that:
1. A single mother with one child and a net income of CAD 30,000 will receive CAD 1,160 this year;
2. A single senior with a net income of CAD 20,000 will receive CAD 701 this year;
3. A couple with two children and a net income of CAD 35,000 will receive CAD 1,401.
Canada has always been a desirable destination for many immigrants, with its beautiful environment, high-quality education, and generous welfare system. Canada is one of the countries with a very comprehensive welfare system in the world, providing numerous social benefits for new immigrants, including healthcare, pensions, unemployment benefits, and social assistance. It can be said that Canada's various benefits are deeply integrated into people's daily lives, which is very beneficial for new immigrants to maintain a balance between work and life!
Currently, Canada is welcoming immigrants with open arms, and the plan to accept over 1.3 million immigrants is underway. Those interested in immigrating to Canada should apply promptly. Among the various types of immigration programs in Canada, employer-sponsored immigration has been highly sought after by investors. The Ontario Employer-Sponsored Immigration Program, with its low thresholds and flexible application conditions, provides investors with a convenient pathway for rapid immigration to Canada, making it very popular!
Worldway Group, with years of industry experience, has a wealth of employer resources across various sectors, including large building materials companies, IT companies, sales companies, education companies, trade companies, food companies, travel companies, hotels, supermarkets, restaurants, and more, to meet the job matching needs of immigration applicants from different industries and backgrounds. If you want to learn more about employer positions in Ontario, please call Worldway, and our professional immigration consultants will tailor an immigration plan for you, with multiple quality positions available for precise matching to help you realize your dream of Canada!
In addition, for those who wish to immigrate to Canada, besides the Ontario Employer-Sponsored Immigration, there are also Manitoba Study Immigration; Canadian Skilled Worker Employer-Sponsored Immigration, Saskatchewan Employer-Sponsored Immigration, Manitoba Employer-Sponsored Immigration, British Columbia Employer-Sponsored Immigration, Atlantic Immigration Program (AIP); Canadian Saskatchewan Entrepreneur Immigration, Prince Edward Island Entrepreneur Immigration, Manitoba Entrepreneur Immigration, New Brunswick Entrepreneur Immigration, and Canadian Federal Startup Investment Immigration (SUV), which are also popular choices for investors to immigrate to Canada!
As one of the top 500 Asian brands, focusing on investment immigration for over 20 years, Worldway Group has a strong project analysis team, a professional copywriting team, and a comprehensive customer service team, and collaborates with many reputable institutions in Canada to provide investors with professional, comprehensive, and diversified services, making it a worthy choice for you!
Great news! Great news! To thank our valued new and old customers for their long-term trust and support for Worldway, we are launching the "Mid-Autumn Festival Gift • Special Offer Month" event. Enjoy a second identity globally, celebrate family reunion joyfully, from September 1 to September 30, 2022, we are giving away health gifts for reunion, recommending luxurious gifts continuously, and significantly reducing immigration service fees. With immigration projects from 18 countries (regions), there is always one that suits you, starting from 60,000 euros, your whole family can obtain a second identity in one step, with limited-time great discounts, don't miss this opportunity!
For more details, please send us a private message in the comments section or call Worldway's service hotline, Mainland China: 400-138-2929, Hong Kong: (852) 2802 8798.
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