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Since medical expenses are a tax credit and not a deduction, the allowable expenses should start at the first dollar and not the 3% of income threshold. More and more health care costs are becoming out-of-pocket and seniors in particular are bearing a significant expense with little in the way of tax relief.
By Howard Mix on October 07, 2026
I think a combination of Tammy and Klaus’ comments are the way to go. I agree that the deduction of percentage of net income should be reduced or eliminated, perhaps to 1 - 1.5% if not eliminated. I also think some of the OTC medical supplies should be allowed. That said, there needs to be some way of determining if the OTC medicine is for treating health ailments or merely “feel-good” items. Many items in a drug store might not be related to health but to other uses. That is another story for another time.
By Robert Litschel on October 07, 2026
When Canadians proactively invest in preventative wellness through nutrition, supplements, and fitness, it reduces the strain on our public health expenditures as it eliminates as many doctor and hospital visits. These expenses and any expense recommended by a doctor from basic over the counter medicine to post surgical and or wound care, should be tax deductible. Allowing these as tax deductible, incentivizes the public to take better care of themselves.
By Tammy Machan on October 07, 2026
The best solution would be to reduce or remove the percentage of the net income deducted from the medical expenses.
By Klaus Theyer on October 07, 2026