2021Federal Budget Expands Benefits for Canadians with Disabilities
- May 7, 2021
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On April 19, 2021, the Trudeau government released its 2021 budget. The budget offers a number of benefits and expansions to existing programs to help Canadians during these difficult times. Maclean’s magazine has provided a detailed summary of the budget, which you can access here (link).
Of significance to our clients are the benefits and expansions to support Canadians with disabilities. The 2021 budget allocates $428.9 million over four years (starting in 2021) to extend support to student loan borrowers with disabilities under the Canada Student Loans Program. Additionally, thanks to a $376 million investment, the government has expanded eligibility for the Disability Tax Credit to now include those who experience difficulty with memory, problem-solving, goal setting, judgement and adaptive functioning.
Bakerlaw continues to monitor the roll-out of these benefits and developments in this area.