Le Lézard
Classified in: Business
Subjects: CHI, ECO, CFG

Nearly 3.7 million families across Canada, including over 48,000 in Laval, now receive the bigger Canada Child Benefit


Canada Child Benefit increased two years ahead of schedule 

LAVAL, QC, Jan. 15, 2019 /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.

The Honourable Bardish Chagger, Leader of the Government in the House of Commons, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, was in Laval today to highlight 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 over 48,000 families in Laval 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 Laval and across the country. Our government is committed to ensuring that this tax-free benefit continues to improve the well-being of all Canadians and help those working hard to join the middle class."
? The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Member of Parliament for Québec

"Our government's strengthening of the Canada Child Benefit will continue to help those who need it most, and 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

"Thanks to the Canada Child Benefit and its adjustment to the rising cost of living, Canadian families will have more money in their pockets. Parents will be the ones to decide how to invest this money, since they are the ones who know what is best for their children."
? The Honourable Bardish Chagger, Leader of the Government in the House of Commons

Quick Facts

Associated Links

Canada Child Benefit
Canada Child Benefit Overview
Canada Child Benefit Calculator

Follow us on Twitter 

 

SOURCE Employment and Social Development Canada


These press releases may also interest you

at 11:28
CoinAll has launched an Over-the-Counter trading desk for digital assets. The news was announced on Tuesday by CoinAll, which was known as a spot trading exchange. At the very beginning of OTC business, CoinAll OTC trading desk supports Vietnamese...

at 11:26
The Los Angeles Unified School District has issued two separate approvals of Curriculum Associates' i-Ready and Ready programs. On Tuesday, the Board of Education approved i-Ready and Ready Mathematics for Grades 6?8 for Instructional Mathematics...

at 11:20
The CFP Board Center for Financial Planning today expanded its "I am a CFP® Pro" educational campaign to attract young people, particularly women and people of color, to consider a career in financial planning with a new, day-in-the-life video...

at 11:16
CREtech (cretech.com), the largest event, data and content platform covering the commercial real estate tech industry, announced a new Keynote panel session for its upcoming conference in Los Angeles on March 27-28. The session "Los Angeles: A...

at 11:15
Brainshark, Inc., delivering SaaS-based sales enablement and readiness solutions, today announced it has been named a Leader in Aragon Research's first-ever "Tech SpectrumTM for Sales Coaching and Learning."1 The report evaluates major providers who...

at 11:15
Service Corporation International , the largest provider of deathcare products and services in North America, today announced that its Board of Directors has approved an increase in its quarterly cash dividend to eighteen cents per share of common...



News published on 15 january 2019 at 12:02 and distributed by: