Raising Kids Can Be “Taxing”!

Raising kids is expensive. According to some estimates, the cost of raising a child in Canada from birth to adulthood ranges from $193,000 to $250,000. Fortunately, there are plenty of tax breaks for families with children that will help lower your taxes. The first three I will describe are non-refundable tax credits – they can only be used against taxes otherwise owing. ► MORE

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