Tax-free EI Maternity Benefits

To put more money in the pockets of new families, a new Conservative government will make maternity benefits tax-free.

We will remove federal income tax from EI maternity and EI parental benefits by providing a tax credit of 15 per cent for any income earned under these two programs. The benefit to a Canadian whose regular salary is $50,000 would be about $4,000,

This will include a carry-forward provision to ensure that all parents are treated equally regardless of the timing of their leave or their child’s birth. This will allow parents to carry forward any unused portion of their tax credit to use against their taxes in a future year.