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Thursday, March 26, 2015

Harper: Heartless on the Hill

Income splitting 'moral failure' for excluding single parents: YWCA

Association says women and families in poverty get no help from new family tax credit

The YWCA is adding to the criticism around the federal government's income-splitting tax incentives for its exclusion of single parent families.

"I think it's really a moral failure of our society," Janet Austin, the CEO of the Metro Vancouver YWCA, told The Early Edition's Rick Cluff.

In British Columbia, there are approximately 16,000 single parent families on income and disability assistance, and according to the provincial government, approximately 90 per cent of those parents are women.

"It's a reflection of the poverty of women, and the fact that we don't recognize the importance of the care of children and recognize that it is of economic value."

Last week, the Parliamentary Budget Officer released a report saying the new family tax credit — a non-refundable credit of up to $2,000 for couples with children under 18-years-old — will cost $2.2 billion dollars, and will benefit 15 per cent of Canadian households.

READ MORE: http://www.cbc.ca/news/canada/british-columbia/income-splitting-moral-failure-for-excluding-single-parents-ywca-1.3005369

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