Federal Budget 2016

Settlement ISC Community

On March 22, 2016, the Canadian federal government released its budget 2016. The government introduced a new Canada Child Benefit. “About 9 out of 10 Canadian families will receive higher benefits under the new system.”  For example, the Canada Child Benefit will give families up to $6,400 per child under 6, and up to $5,400 per child aged 6 through 17. Here is a link to calculate the new Canada Child Benefit. The government also released a short video “Restoring Hope for the Middle Class – Budget 2016” to introduce the Budget 2016.