Money Matters
Dear Community,

Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.

If you have questions about this, please email help@theknot.com.

Thank you.

Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.

what is a baby bonus

Hi, I just started reading this page and I'm hoping someone will tell me what a baby bonus is?
Warning No formatter is installed for the format bbhtml

Re: what is a baby bonus

  • I'm not 100% positive, but I did notice she was from Ontario- so I'm thinking it's something Canadian. I do know when I lived in Singapore for instance they pay their citizens for every kid they have to keep the population steady/growing. (Or at least I think that was the reasoning- just heard about this a couple times in passing- didn't really look into it much as we never planned on becoming citizens, just living there temporarily as expats.)
    image
  • Oh wow I didn't realize it wasn't everywhere.  The government of canada pays you $100/mth for every kid until the age of 6.  There is also an additional pay if you are lower income which is paid based on a calculation and I think it goes to age 18.  We also have a bunch of tax write offs for kid induced expenses like daycare, sports and some education I think.
    TRC since = Feb/09 Dx: Unexplained Infertility Lap Surgery: July/10, small amount of endo removed Injectables and IUI #1=bfn Injectables and IUI #2=bfp!!!!!! Baby Boy born May 7, 2011 at 37weeks pregnant. Baby Birthday Ticker Ticker
  • Thanks.  A baby bonus would sure be nice...
    Warning No formatter is installed for the format bbhtml
  • I'm so jealous!  that would be awesome
    Baby Birthday Ticker Ticker
  • I think moving to Canada sounds good.

    TTC since 1/13  DX:PCOS 5/13 (long, anovulatory cycles)
    Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13
    1/14 PCOS / Gluten Free Diet to hopefully regulate my system. 
    Chemical Pregnancy 03/14
    Surprise BFP 6/14, Beta #1: 126 Beta #2: 340  Stick baby, stick! EDD 2/17/15
    Riley Elaine born 2/16/15

    TTC 2.0   6/15 
    Chemical Pregnancy 9/15 
    Chemical Pregnancy 6/16
    BFP 9/16  EDD 6/3/17
    Beta #1: 145 Beta #2: 376 Beta #3: 2,225 Beta #4: 4,548
    www.5yearstonever.blogspot.com 
                        Image and video hosting by TinyPic

  • imagebrij2006:
    I think moving to Canada sounds good.
    Agreed
    Baby Birthday Ticker Ticker 
  • imagesparklerose:
    imagebrij2006:
    I think moving to Canada sounds good.
    Agreed

    ha!  I told DH the same thing.  Between this and not having to pay any medical bills I'm sold.  A canadian I met last week told me she moved to canada strictly because of our health care system.  She has 5 kids over there and didn't have to pay a dime. 

    Baby Birthday Ticker Ticker
  • imagevlagrl29:

    imagesparklerose:
    imagebrij2006:
    I think moving to Canada sounds good.
    Agreed

    ha!  I told DH the same thing.  Between this and not having to pay any medical bills I'm sold.  A canadian I met last week told me she moved to canada strictly because of our health care system.  She has 5 kids over there and didn't have to pay a dime. 

    Itis a really food system we have up here.  The free healthcare also means their are no fees for labour and delivery.  I was shocked when I found out how much it costs in the states.  We also get a year mat leave (if you can affors it) getting 55% of your income.

    The downsides are high taxes and everythingis more expensive here.  My mom is giving us miney for ds bedding for his birthday and dh happens to be going cross the boarder for work the next week so he js going to target there and saving about $30!II 

    TRC since = Feb/09 Dx: Unexplained Infertility Lap Surgery: July/10, small amount of endo removed Injectables and IUI #1=bfn Injectables and IUI #2=bfp!!!!!! Baby Boy born May 7, 2011 at 37weeks pregnant. Baby Birthday Ticker Ticker
  • imagevlagrl29:

    imagesparklerose:
    imagebrij2006:
    I think moving to Canada sounds good.
    Agreed

    ha!  I told DH the same thing.  Between this and not having to pay any medical bills I'm sold.  A canadian I met last week told me she moved to canada strictly because of our health care system.  She has 5 kids over there and didn't have to pay a dime. 

    Haven't you been over on P&CE for months railing against Obama and his socialist policies?  Or do I have you confused with someone else?

  • imagerenegade gaucho:
    imagevlagrl29:

    imagesparklerose:
    imagebrij2006:
    I think moving to Canada sounds good.
    Agreed

    ha!  I told DH the same thing.  Between this and not having to pay any medical bills I'm sold.  A canadian I met last week told me she moved to canada strictly because of our health care system.  She has 5 kids over there and didn't have to pay a dime. 

    Haven't you been over on P&CE for months railing against Obama and his socialist policies?  Or do I have you confused with someone else?

    nope. I don't and have never called him a socialist.  I'm not a fan of government in general so I likely have complained about it over there. 

    Baby Birthday Ticker Ticker
  • imagevlagrl29:

    nope. I don't and have never called him a socialist.  I'm not a fan of government in general so I likely have complained about it over there. 

    I distinctly remember you railing against having to pay higher taxes to fund the public safety net, so I guess it's a little surprising to see you advocating that the government should pay you to procreate.

    ETA:  For example:  http://community.thenest.com/cs/ks/forums/thread/68486827.aspx?MsdVisit=1

     

  • imagerenegade gaucho:
    imagevlagrl29:

    nope. I don't and have never called him a socialist.  I'm not a fan of government in general so I likely have complained about it over there. 

    I distinctly remember you railing against having to pay higher taxes to fund the public safety net, so I guess it's a little surprising to see you advocating that the government should pay you to procreate.

    as much as it sounds awesome to not have to pay for anything medically related I know I would have a problem paying higher prices for things in the store like the poster stated above.  The grass always seems greener I guess.  I'm wondering if this is like the child deduction we get on our taxes every year.  Do they get the child deduction and baby bonus?

    Baby Birthday Ticker Ticker
  • imagevlagrl29:

    as much as it sounds awesome to not have to pay for anything medically related I know I would have a problem paying higher prices for things in the store like the poster stated above.  The grass always seems greener I guess.  I'm wondering if this is like the child deduction we get on our taxes every year.  Do they get the child deduction and baby bonus?

    I'm not Canadian, so I don't know whether they get both, but either way, both the child deduction and the baby bonus are government programs to subsidize your choice to have children.  It's just really weird to see a self-identified anti-government fiscal conservative promoting either one.  Your ability to not experience cognitive dissonance is very impressive!

  • imagerenegade gaucho:
    imagevlagrl29:

    as much as it sounds awesome to not have to pay for anything medically related I know I would have a problem paying higher prices for things in the store like the poster stated above.  The grass always seems greener I guess.  I'm wondering if this is like the child deduction we get on our taxes every year.  Do they get the child deduction and baby bonus?

    I'm not Canadian, so I don't know whether they get both, but either way, both the child deduction and the baby bonus are government programs to subsidize your choice to have children.  It's just really weird to see a self-identified anti-government fiscal conservative promoting either one.  Your ability to not experience cognitive dissonance is very impressive!

    I'm not completely conservative across the board.  I'm fiscally conservative that's true, but I'm socially moderate. 

    Baby Birthday Ticker Ticker
  • Just to clarify a few things... the "baby bonus" is now call the Child Tax Benefit - meant to supplement the cost of raising kids.  There is also a tax deduction just for having a baby, and of course deductions for child-related expenses - daycare, sports, etc.

    It really does pay to have kids around here. :D 

  • I find this absolutely ridiculous.
    now i know how Nancy Kerrigan felt. that's insight into SCARY ISLAND. you have no clue what really went down.
  • imageKellyBensimon:
    I find this absolutely ridiculous.

    of course you do.

  • As someone else mentioned, there is a Universal child care benefit which is $100 given to you monthly until the child is 6.  Its purpose is to help with childcare and you pay taxes on it at the end of the year as none are deducted from it.  There's also the child tax benefit which isn't just for low income families but the amount is based on income.  In my case we put the $100 we get monthly into RESP's for our kids and use the tax benefit for diapers and formula.
  • Older post but the boards are slow.  I live in Canada.  Me and DH get about $600 per month from the government.  We have 2 kids and he makes about $35,000 per year.  I'm a SAHM.  After paying daycare for 2 kids, I would have been making about $600 per month so we decided we would have me stay home.  The money from the government is reduced by $100 per month once a child turns 6 (this is around the time they start grade 1).  Your monthly entitlement is re-calculated every July and adjusted depending on whether your income went up or down.   

Sign In or Register to comment.
Choose Another Board
Search Boards