There are two reasons why income splitting is so important in Canada to reduce the family's tax burden:

We are fortunate to live in Canada, a country blessed with natural beauty, pristine landscapes, and diverse ecosystems. It is essential that we work to protect this blessing by preserving it for future generations.

These rules are particularly good news for couples where the primary recipient of the qualifying income is subject to a tax rate that is significantly higher than that of their spouse.

Since elected, our Conservative government has continued to take significant steps to help Canadian seniors.