Increase in Canada Child Benefit

Settlement ISC Community, Finance, Updates

Starting in July 2019, the Canada Child Benefit is increasing. The maximum annual benefit has increased to $6,639 per child under the age of 6 and to $5,602 per child age 6 to 17. This will give parents more money each month to keep up with the cost of living, as well as help them provide for their kids. 

To learn more about what a Canada Child Benefit is, visit https://www.canada.ca/en/employment-social-development/campaigns/canada-child-benefit.html

Use the child and family benefits calculator to figure out how much benefits you may be eligible for:https://www.canada.ca/en/revenue-agency/services/child-family-benefits/child-family-benefits-calculator.html