News Release Article from  Canada Revenue Agency

Minister Shea highlights new tax credit for parents

Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please contact us to request a format other than those available.

Regina, Saskatchewan, August 24, 2011 … The Honourable Gail Shea, Minister of National Revenue, accompanied by Ray Boughen, Member of Parliament for Palliser, today visited Neil Balkwill Civic Arts Centre to promote the children’s arts tax credit, a new non-refundable credit passed this year in the 2011 federal budget.

“Parents whose children participate in paid artistic, cultural, recreational, and developmental programs will now enjoy the same benefit as parents whose children participate in paid programs of physical activity. Our Government believes whether a child is inspired by Justin Bieber, Leslie Nielsen, or Jordan Eberle parents should receive a tax credit to help pay for the programs that will help their children live out those dreams,” said Minister Shea.

“The children’s art tax credit will make it possible for kids from Regina who otherwise may not have been able to participate in paid arts programs, to do so. I am pleased that our government is offering this tax credit, to make arts programs more affordable for parents and more available to our children.” added Ray Boughen.

“We are pleased to host this event at the Neil Balkwill Centre,” said Regina Councillor Mike O’Donnell. “The City of Regina and the Centre know the many positive benefits of offering art programs to our community. An initiative like the new children’s arts tax credit that offers support to parents who wish to enrich their children’s lives by introducing them to art in its many forms, is welcome news.”

In addition to fitness programs covered by the children’s fitness tax credit, parents can now claim money spent on programs that focus on fine arts, music, performing arts, outdoor wilderness training, learning a language, studying a culture, tutoring, and more. When parents claim the children’s arts tax credit—up to a maximum of $500 of the cost of programs—they save as much as $75 at tax time per child claimed.

To find out if your child’s program is eligible for the children’s arts tax credit, go to www.cra.gc.ca/artscredit.

Date Modified: