Application for exemption: Additional information concerning your notice of decision

You are married or in a civil union and your spouse is not accommodated in a public facility: a deduction in the amount of $1,444 applies for the calculation of your contribution. The amount of this deduction is indexed each year in January.

You or your spouse, if applicable, have one or more children under age 18: a deduction in the amount of $578 for each child under 18 applies for the calculation of your contribution. The amount of this deduction is indexed each year in January.

You or your spouse have one or more children aged 18 to 25 who are full-time students, spouseless and domiciled with the accommodated adult: a deduction in the amount of $725 for each of them applies for the calculation of your contribution. The amount of this deduction is indexed each year in January.

Twice a year (September and January), you must provide:

• Their civil status
• Proof of their residential address
• Proof of full-time school attendance, issued by the registrar of the educational institution

You or your spouse, if applicable, are the owners of your main residence: an exclusion applies on its net value for the 1st year of accommodation or for as long as the spouse or a dependent child lives there. After 12 months of accommodation, if neither the spouse nor a dependent child lives there, the residence is considered as another asset.

The exclusion amount for a main residence is set at $323,664. The exclusion amount applies to the net value of the property. The amount after the exclusion is multiplied by 1% and the result taken into account for the calculation of your contribution: (uniform municipal value – mortgage balance – exclusion) X 1%.

You or your spouse, if applicable, own several properties, such as a cottage, woodlot, or income property: the exclusion amount is set at $2,500 for a single adult and $5,000 for a family. The amount after the deduction is multiplied by 1% and the result taken into account for the calculation of your contribution: (value of the property – exclusion) X 1%.

After one year of accommodation, your main residence is also considered as another asset if neither your spouse nor a dependent child lives there. In this case, the mortgage balance is no longer deducted from the uniform municipal value.

You or your spouse, if applicable, own several investments that are non-redeemable, even with a penalty. At maturity, these investments will be considered liquid assets, even if they are rolled over. The exclusion amount is set at $2,500 for a single adult and $5,000 for a family. The amount after the deduction is multiplied by 1% and the result taken into account for the calculation of your contribution: (value of the liquid assets – exclusion) X 1%.

You or your spouse, if applicable, own an automobile: an exclusion in the amount of $10,000 on its market value applies. The amount after the exclusion is multiplied by 1% and the result taken into account for the calculation of your contribution: (value of the automobile – exclusion) X 1%. If you or your spouse do not own any other property, the exclusion for “other property” also applies.

You or your spouse, if applicable, have liquid assets totaling an amount that is less than the exclusion provided by regulation. This amount is set at $2,500 for a single adult and $5,000 for a family. To remain eligible, your total liquid assets must not exceed the exclusion threshold, each month, once your current expenses have been made.

You or your spouse, if applicable, have liquid assets totaling an amount that exceeds the exclusion provided by regulation: the excess amount reduces or cancels the exemption to which you would otherwise be entitled. The amount is set at $2,500 for a single adult and $5,000 for a family.

Liquid assets include all amounts that may be cashed in in the short term, such as in financial institution accounts, investments, stocks, RRIFs and TFSAs. RRSPs are included for persons age 65 or over. You have to send us updated account statements if their total drops below the exclusion amount.

You paid rent from the date of your admission and then in the next 60 days: the amount paid (excluding services) is taken into account as a deduction for the calculation of your contribution.