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Subjects: CHI, ECO, POL, CFG

Over 3 million families across Canada, including over 7,000 in Chicoutimi, now receive the bigger Canada Child Benefit


Canada Child Benefit increased two years ahead of schedule 

CHICOUTIMI, QC, Oct. 9, 2018 /CNW/ - Helping hard-working, middle-class families provide the best start in life for their children is a top priority for the Government of Canada. That is why two years ago the Government launched the Canada Child Benefit (CCB) to help families with the high cost of raising children. The CCB?which is targeted to middle-class families and those working hard to join the middle class?is simpler, tax?free and more generous than previous child benefit programs.

Today, the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, announced that the CCB has been increased two years ahead of schedule to keep up with the cost of living. Indexed cheques are already out, giving parents even more money each month to help them provide for their children.

Increasing the CCB sooner will ensure that it continues to play a vital role in supporting families. This means that for the 2018?19 benefit year, the CCB will now have a maximum annual benefit of $6,496 per child under age 6 and $5,481 per child aged 6 through 17 years. On average, families benefitting from the CCB received $4,600 more over the last two years compared with 2015?16.

Thanks to the CCB, 9 out of 10 Canadian families have more money to help pay for things like healthy food, sports programs and music lessons. Even more importantly, the CCB has helped lift more than half a million people?including nearly 300,000 children?out of poverty in Canada.

Quotes

"Increasing the Canada Child Benefit means more money for families here in Chicoutimi and across the country. Our government is committed to ensuring that this tax-free benefit continues to help the middle class and people who are working hard to join it."
? The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, and Member of Parliament for Québec

"On this second anniversary of the Canada Child Benefit, we are celebrating the real difference it is making in the lives of millions of Canadian families. Our government's strengthening of the Canada Child Benefit will continue to help those who need it most. We will continue to make it easier for Canadians to access the benefits to which they are entitled."
? The Honourable Diane Lebouthillier, Minister of National Revenue and Member of Parliament for Gaspésie?Les Îles-de-la-Madeleine

Quick Facts

Associated Links

Canada Child Benefit
Canada Child Benefit Overview 
Canada Child Benefit Calculator

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SOURCE Employment and Social Development Canada


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