| Historical Information |
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| This post is about a previous Session of Parliament. Any legislation here that did not receive Royal Assent has been terminated. |
C-401 – An Act to amend the Income Tax Act (northern residents deduction) – increases the amount of the northern resident tax credit.
First up we’ve got a pretty significant change to who qualifies for these credits. This Act removes “intermediate zones” and makes them “northern zones” instead. An intermediate zone is a region of Canada that’s further north but not far enough to qualify for the full tax credit. People living in these zones qualify for half of the credit. Because these zones would become northern zones under this Act, anyone living there would now qualify for the full credit.
Second, the daily deduction you can claim for living in a northern zone is increased from $11/day to $13/day.
Progress of C-401
C-401 is currently outside of the Order of Precedence.
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