Hi guys,
I need to know the needed income to hire my niece to be my childcare provider. Do I use the Low income cut-offs (LICOs) + salary for childcare personnel ?
Ex: Vancouver population is >500K
My family size is 5,
LICOs for 2016 for Vancouver for my family is: 52,583
Salary for childcare personnel: $15 /hour x 30 hour per week x 52 weeks plus EI, CPP --> around $25,000
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Minimum household income needed 52,583 + 25000 = $77583
Link to LICOs:
https://www.canada.ca/en/employment-social-development/services/foreign-workers/caregiver/financial-ability.html
Is that correct? Please advise.
Thanks,
Lucy