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| Original News Release |
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| Original News Release |
The government provides a monthly child-care subsidy to low-income families to help them obtain and keep jobs. The full subsidy is available to families whose monthly income is below a set threshold.
For example, the current income threshold for a single parent with a four-year-old child in group care is $1,297 per month. This means that a parent earning a net monthly income of up to $1,297 is eligible for the full child-care subsidy of $368. The child-care subsidy decreases at higher income levels.
Under today’s changes, the net monthly income threshold is being raised by $100. This means that the parent above can now earn a net monthly income of up to $1,397 and still qualify for the full monthly child-care subsidy.
The following tables provide examples of how the $100 increase will benefit parents at different income levels:
Single parent, working, with a four-year-old in group care
· The full child-care subsidy for this parent is $368 per month. · Under the raised income threshold, the parent is now eligible for the full subsidy with a net income up to $1,397 per month.
Single parent, in school, with a two-year-old and four-year-old in family care
· The full child-care subsidy for this parent is $758 per month. · Under the raised income threshold, the parent is now eligible for the full subsidy with a net income up to $1,590 per month.
Two parents, working, with a two-year-old and four-year-old in group care
· The full child-care subsidy for this family is $896 per month. · Under the raised income threshold, parents are now eligible for the full subsidy with net income up to $1,733 per month.
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