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Maternity and Parental Leave Part 1 – The Basics

This is a great website abouy budgeting for Canadians. Since we have been on the topic of mat leave this week for those who are interested, here’s how it breaks down in Canada.

Canadian Budget Binder

Even if you have the easiest baby in the world, maternity or parental leave won’t be the blissful paradise you imagined if you’re constantly stressed about your reduction in income. In this two-part series I’ll outline how the benefits work, and how you can make them work for your budget.
Maternity and Parental Leave Benefits in Canada
Unless you work for a company that offers an income top up programs or paid maternity leave most parents on leave will only receive basic maternity benefits, which fall under Canada’s Employment Insurance program.
While many people refer to the year a mother takes off after the birth or adoption of a child a maternity leave, it’s actually a combination of two leaves. The first leave is called maternity leave, and is only available to birth mothers and surrogate mothers for up to 15 weeks.
After the 15 weeks, the leave is now…

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About Shannon

I am a university educated full-time working mother of four children. Proudly Canadian, I freeze my butt off along with my loving partner, two dogs and a cat. I hope you enjoy reading my posts as much as I love writing them, but if you have nothing nice to say, don't say anything at all.

Discussion

4 thoughts on “Maternity and Parental Leave Part 1 – The Basics

  1. Thanks for sharing a post from Canadian Budget Binder! Mr.CBB

    Posted by CanadianBudgetBinder (@CanadianBudgetB) | February 9, 2014, 1:38 pm
    • No probs Mr. CBB. Love your blog! Feel free to use my post on employer benefits on mat leave as a jumping off point since there really isn’t much info out there and I don’t want others to get stuck with a $2000 bill coming off mat leave because they didn’t know to ask their employer about benefit premiums while they were away. Cheers.

      Posted by Shannon | February 9, 2014, 3:58 pm

Trackbacks/Pingbacks

  1. Pingback: I Want To Go Back To Work…No, I Don’t…Yes I Do. | A Game of Diapers - November 14, 2013

  2. Pingback: Financial Sense: Employer Benefits On Maternity Leave | A Game of Diapers - February 8, 2014

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