BCEAO releases $ 6 billion for West African economies

The BCEAO has just made a liquidity injection of 3350 billion FCFA ($ 6 billion) at a fixed rate of 2% in favor of several banks of the UMOA. A total of 87 financial institutions participated in the operation. The Central Bank of West African States (BCEAO) made a further injection of liquidity to its member countries last week. In total, 3350 billion FCFA ($ 6 billion) were disbursed by the institution.

During the auction on September 14, 87 banks in the sub-region obtained an injection of liquidity at a fixed rate of 2%. With more than 1000 billion FCFA ($ 1.8 billion), it is the Ivory Coast which obtained the most important financing, ie 31% of the funds injected.

It is followed by Senegal with more than 580 billion FCFA ($ 1 billion), Mali with 466 billion FCFA (835 million $), Benin with 434.5 billion FCFA (777 million $) and Burkina Faso with 318 billion FCFA. ($ 569 million). Niger with 241.6 billion FCFA ($ 432 million), Togo with 219 billion FCFA (…

Become a caregiver, more than a support | Canada

With the shortage of nursing staff in long-term care accommodation (CHSLD), caregivers are an invaluable resource for seniors who depend on others for their personal needs and care. If you want to help a loved one, there are certain tax measures that you could benefit from. The amounts indicated apply to 2020.
Become a caregiver, more than a support

You can claim the Canada caregiver credit for your spouse, minor child or eligible loved one who is dependent on you during the year due to mental or physical impairment. An eligible relative can be a parent, grandparent, brother, sister, uncle, aunt, nephew, niece, adult child or grandchild. The person receiving care does not need to be eligible for the disability tax credit and you do not have to live together.

The maximum amount is $ 7,276 for an individual in respect of his spouse and an eligible relative whose net income is less than $ 17,085. The amount is gradually reduced to zero when net income reaches $ 24,361. When the person assisted is the minor child of the individual (or his spouse), the amount is $ 2,273.

In addition, a caregiver who requests the amount for a spouse or common-law partner (or the amount for an eligible dependent, in the absence of a spouse) is then entitled to an additional amount of up to $ 2,273.

Conversely, if your spouse had an income of $ 20,000, you would not be entitled to the spouse or common-law partner amount. However, the Canada caregiver amount would be $ 4,361, or $ 7,276 minus $ 2,915 ($ 20,000 - $ 17,085). In this case, the tax credit would be $ 546, or $ 4,361 multiplied by 12.525%.

Finally, caregivers of a loved one aged 70 or older who does not have a severe or prolonged impairment will be entitled to the basic universal amount of $ 1,250, without additional amount. It can be the parents, grandparents, uncles, aunts, great-uncles and grand-aunts of the caregiver (including those of their spouse), but not their spouse.

Under this same tax credit, family caregivers who have paid respite fees that qualify as specialized respite services for an eligible assisted person will be reimbursed 30% of the total bill, up to '' up to $ 5,200. This amount cannot be reduced based on income.