Yes.

You need opt in by calling CRA. You not able make claim for one full year after opt in. Check what it cover. Not same as employee. Limited cover. Offer mat leave at 55% of annual profit on line 150 of last year tax return. So it not gross business income. It total income less any expenses claimed for food, power, water, insurance, craft, toys, property tax, and anything else. This might mean profit on tax return as little as $20,000 so mat leave would be 55% of that $20,000 income which not much.



Some cover for seriously ill dependant child and couple more situation but that all.

Once opt in, cannot opt out again for all time self-employed.

Work out what you would get. For lot of provider, it better to just save money. There no cover for if you lose all client or have reduced numbers. It only cover zero income situation if you close business.