Grants for Single Mothers in Canada – Everything You Should Know


Grants for single mothers in countries like Canada, has multiplied over the years. Their government understands that there is a need to help single mothers provide for their families, as being a single parent can really take its toll on a person.  These grants are awarded to deserving single mothers who would want to go pursue their studies, put up businesses, and those in need of extra financial assistance.

 

The Working Income Tax Benefit or WITB is awarded to single mothers who earn over $3000, but not over $14,500 per annum, and up to a maximum of $1000 may be awarded. This grant also requires the applicant to be a resident of Canada for a whole year. Another requirement is for the applicant to be the primary caregiver of a dependent child.  Once the single mother’s salary exceeds $14,500 annually, the amount of the grant given is reduced by 15 percent of the net annual income.  In addition, the Canada Revenue Agency or CRA also provides disabled single mothers with a WITB Disability Supplement. The same criteria for the Working Income Tax Benefit apply plus an additional qualification of an annual income of 1,750 Canadian dollars and Disability Tax Credit qualification. If the applicant is eligible for the grant, the family may receive $250 for every member that qualifies. However, the amount of the benefit granted is lessened by 15 percent if the net family income exceeds $21, 167.

 

Housing grants for single mothers in Canada may also be awarded to those who find it difficult to cover all their expenses plus rent and mortgage fees. These grants may cover some, if not all, of the housing expenses. The funding that this provides may come in different forms, which include food stamps, grant money and subsidized housing. Other gifts may also come as housing vouchers from public housing agencies. The families granted with these vouchers may use them for mortgage or rent payment. This government-administered grant targets families with a low monthly income and whose annual income is considered below average.

Grants for Single Mothers in Canada – Everything You Should Know

Grants for Single Mothers in Canada – Everything You Should Know

 

Another grant that single mothers can avail of is the Canada Child Tax Benefit or the CCTB. This grant is a monthly tax-free benefit that is meant to help single mothers raise their kids who are under 18 years old. Types of Canada Child Tax Benefit are the National Child Benefit Supplement (NCBS) and the Child Disability Benefit (CDB).  The NCBS promotes family involvement in the workforce which enables the provider to care for their family which in turn results to the reduction of the child poverty level.  The CDB, on the other hand, is also a tax-free grant for single mothers caring for a mentally or physically impaired, dependent child. In this case, not only the applicant must qualify for the grant, but the disabled child must qualify as well. Once the family has qualified for this grant, they may receive a maximum amount of $204.58, although, the amount of the benefit granted may depend on the family’s base income and the number of the dependent children.

In addition to the CCTB, the Canada Revenue Agency adds the Family Supplement to the benefits received by the single mothers already under the Employee Insurance benefits. The consideration for this benefit is automatic. The rant received is based on the family net income which is not more than $25,921 and the number of children and their ages.

There is also the Small Business Grant for single mothers who are interested in putting up business ventures to provide for their families. This grant may cover business expenses from the capital to business expansion, equipment purchases and labor payment before profit is earned. The criteria for awarding this grant lies in the business’ value to the community. <businessrant.CAN goes here>

Hardships are experienced all over the world, more so by single parents especially single mothers. When the responsibility of a father also falls in the hands of the mother, the workload may be overwhelming.  Because the government understands that there is a rise in the demographics when it comes to this aspect, the government, itself, initiated the granting of these benefits to help with the upbringing of young children. Like in the United States, Canadians may apply for grants through the FAFSA centers. The FAFSA is an online set up for the receipt of federal and state grant applications. A general requirement for these grants is the applicant’s tax records for the past year. The most number of grants given to applicants is the educational grant. Single mothers may choose from any program that will most fit them and their schedule. Aside from education, housing and child care grants, other grants that a single mother in Canada may apply for are car and vehicle loans or personal loans.



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