Alberta has introduced two new benefits to help children and families. The new Alberta Child Benefit (ACB) and enhanced Alberta Family Employment Tax Credit (AFETC) impact all lower-income families (with income less than $41,220 per year). According to Alberta Human Services, the first payment will be issued in August 2016.
- The maximum annual benefit is $1,100 for families with one child, and up to $2,750 for families with four or more children.
- The maximum annual credit is $754 for families with one child, and up to $1,987 for families with four children or more.
For more information about ACB and AFETC, please visit: http://humanservices.alberta.ca/financial-support/alberta-child-benefit.html