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Medical Expense Tax Credit amendments explained
April 24, 2025
Explanatory Notes relating to amendments of the
Income Tax Act, the Excise Act, the Excise Act, 2001,
the Customs Tariff, the Excise Tax Act and other Acts -
Published by The Honourable James M. Flaherty, Minister
of Finance, April 2008.
Read the full
document on the Finance Canada
site:
http://www.fin.gc.ca/drleg/biaapr08e.html
Attention
is drawn to Clause 16:
Medical Expense Tax
Credit
ITA 118.2(2) Section 118.2 of the Act
provides rules for determining the amount which may be
claimed as a tax credit in respect of an individual’s
medical expenses. Subsection 118.2(2) contains a list of
expenditures which qualify as medical expenses for this
purpose . Paragraph (2)(l) allows the cost of acquiring
a dog to assist a blind person, a person who is
profoundly deaf or has a severe and prolonged impairment
that markedly restricts the use of the person’s arms or
legs (as well as the costs for the care and maintenance
of the dog) to qualify as a medial expense. The scope of
this provision is extended, for the 2008 and subsequent
taxation years, so that it applies as well to
individuals who are suffering from severe autism or
severe epilepsy.
Paragraph (2)(n) is also
amended. This paragraph provides that the costs of
drugs, medicaments or other preparations or substances
purchased for use by a patient as prescribed by a
medical practitioner or dentist and as recorded by a
pharmacist are eligible for the purposes of the medical
expense tax credit The paragraph is amended, for
expenses incurred after February 26, 2008, to clarify
that generally, drugs, medications and other substances
and preparations that can lawfully be purchased without
a prescription are not eligible for the medical expense
tax credit. The amendment also contemplates that some
drugs, etc., such as insulin, should continue to qualify
notwithstanding that a medical prescription is in some
cases not required, and allows for such drugs, etc. to
be prescribed by regulation.
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Disclaimer:
Eileen Reppenhagen CGA does
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