Okay some of my readers know I receive sociall assistance ( aka welfare or Ontario Works). Not that I dont want to work I do but solo parenting a special needs child with a lack of support makes the typical job not in the cards right now.
Well today I met with my worker who presented documentation to me that will change my benefits to a huge degree come August 1, 2008!
Here is what is happening:
No longer will Ontario Work recipients who are parents receive:
BASIC needs allowance for children — a loss of $211 dollars to this parent of one child per month
No Clothing Allowances– loss of $180 per year
total losses equal $2712.00 for this mom!
What do we get to replace this?
The Ontario Child tax Credit $50
and the end of the claw back the National Child Tax Supplement $121.76 for this parent
so a gain back of only $171.76 per month
Total gainback per annum $2055.00
Total overall losses per annum $657 overall for this mom
So basically as of August 1st instead of having a $50 positive cash flow from the introduction of the Ontario Child Tax Credit there will be a $50 per month loss with the expectation that we stretch it further to include back to school and winter clothing expenses. As one who already lives as cheaply as I can this is going to hurt. It means getting mean and leaner then lean and I thought I was already pushing the limits of creativity but this will push me to do better.
This means that us “poorer” parents in Ontario will in no means benefit by the creation of the the Ontario Child Tax Credit.