Benefit payments will be issued on Monday for the Canada Child Benefit, and households that qualify will see a bit more money this time as part of an annual increase.
The Canada Child Benefit (CCB) is a tax-free monthly payment from the federal government aimed at helping eligible families with the cost of raising children under 18 years of age.
The CCB increases annually relative to inflation, and the benefit payment is going up by two per cent, according to the federal government.
“Starting this month, the CCB will provide families with up to $8,157 per child under the age of six and up to $6,883 per child aged six to 17. This represents an increase of up to $160 per child under age six and up to $135 per child aged six to 17 compared to the previous year,” the CRA said in a release on Friday.
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Ottawa releases much-anticipated fall economic statement
The Bank of Canada aims to keep inflation, measured by the consumer price index (CPI), within a target range of one and three per cent to maintain price stability.
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The CPI report for May showed a headline inflation reading of 3.2 per cent, which was largely driven by higher gas prices, while core inflation was closer to two per cent.
Qualifying for the CCB is similar to other benefit payments, like the Canada Groceries and Essentials Benefit, in that it depends on a handful of factors, including adjusted net family incomes.
Income thresholds for these benefits mean households with higher incomes see a smaller CCB payment, or none at all. Those thresholds for payments from July 2026 to June 2027 are based on the 2025 tax year.
If households made less than $38,237, they would be entitled to the maximum benefit amount for each child with no reductions.
In this scenario, the maximum amount a household could receive in CCB payments would be $8,157 per year ($679.75 per month) for each child under six years of age, and $6,883 per year ($573.58 per month) for each child between six and 17 years of age.
For households that make more than $38,237, the CCB benefit amount is reduced, or “clawed back,” depending on how much higher the income is relative to that minimum amount, and varies based on the number of children.
Seniors are the lowest paid in Canada. WHY?
And the last to get paid…while others…get theirs early…plus bonuses.
Seniors in Canada are below the standard of living.
Those that have contributed all their lives…some Seniors in Canada I know started working at 12 years old…building this country.
Not all seniors have had luck in life or wealthy relatives..
Simply worked hard supporting and building Canada.
Isn’t it something when 70 plus year old folks in Canada are still working or re-entering the workplace to afford living.
If any company will even look at Seniors…to hire. Is another issue in Canada.
THINK ABOUT IT
This program has substantially increased immigrant welfare checks yet poillievre and the conservatives are against it.
Why ?
Got to put a huge smile on all the Indian faces
Is your company paid to write these Liberal propaganda articles?
This program has substantially reduced childhood poverty yet Poilievre and the conservatives are against it. Why?
Continuing from the previous comment…
… have 5-6 children, mother doesn’t work, father does work for cash (what income shown), rents (,avoids property taxes) and are living their best lives. Put a cap of 2 children getting the CCB. Meanwhile, seniors and veterans are suffering.
Why is the amount being increased constantly??? I’m a mother and grandma of 3 and 46 years ago each of my children received $50/month/child. Today, it’s people who
More crumbs from Carney, meanwhile he spends $250k for in flight catering for one trip abroad eating caviar and drinking expensive wine.
Bribing Canadians with their own money
The dependence runs deep.in Canada