Some property acquired by an independent adult or family member is excluded WITHOUT ANY TIME LIMIT. This exclusion applies only with respect to the RECIPIENT AS SUCH. On the recipient’s death, his or her heirs cannot continue to benefit from this exclusion. This pertains to property acquired from the proceeds of indemnities or sums paid:
- to persons infected with the AIDS (HIV) virus, i.e. the financial compensation granted by the FEDERAL GOVERNMENT to HEMOPHILIACS and other persons who were infected by the virus following a blood transfusion. This compensation represents a non-taxable lump sum of $120 000 paid in 4 yearly instalments of $30 000 each;
- the financial compensation paid by the federal government to victims of THALIDOMIDE;
- to the beneficiaries of the Provincial/Territorial Program of Assistance to persons infected by the AIDS virus following a blood transfusion or the administration of blood products. This program is administered by the Canadian Blood Agency.
The SURVIVORS of the deceased infected person may also apply for this program of assistance. thereby becoming beneficiaries themselves.
Beneficiaries must sign an AGREEMENT containing a liability release and this agreement indicates the amounts of assistance granted.
For additional information or for specific checks, please contact:
Ms. Lorie Reznik
Canadian Blood Agency
85 Albert street, suite 1110
OTTAWA, (Ontario)
KIP 6A4
Telephone : (613) 238-6608
Fax: (613) 238-3576
The exclusion applies as of the date of the first payment of these indemnities up to the amount of the indemnity. This means that property acquired before that date must be included for benefit calculation purposes. Generally speaking, there is a presumption that the recipient acquired the property with the indemnity received.