We will introduce a Teacher and Early Childhood Educator School Supply Tax Benefit for the purchase of up to $1,000 worth of school supplies each year, providing up to $150 each year, as a refundable tax credit regardless of the teachers income level.

Real Change: A New Plan For a Strong Middle Class (page 21)

« In recognition of the costs educators often incur at their own expense for supplies that enrich our children’s learning environment, Budget 2016 proposes a new Teacher and Early Childhood Educator School Supply Tax Credit. The proposed 15-per-cent refundable income tax credit will apply on up to $1,000 of eligible supplies (such as paper, glue and paint for art projects, games and puzzles, and supplementary books). The proposal will apply to the 2016 and subsequent tax years and will provide a benefit worth about $140 million over the 2015–16 to 2020–21 period. » ("Growing The Middle Class" Budget 2016-2017)

POLTEXT

We will introduce a Teacher and Early Childhood Educator School Supply Tax Benefit for the purchase of up to $1,000 worth of school supplies each year, providing up to $150 each year, as a refundable tax credit regardless of the teachers income level.

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