Canadian families can receive higher Canada Child Benefit payments beginning this month as the federal program adjusts for inflation.<\/p>\n
The tax-free monthly benefit will provide eligible families with up to $8,157 annually for each child younger than six and up to $6,883 for each child between six and 17.<\/p>\n
That represents an increase of up to $160 per child younger than six and up to $135 for each child between six and 17 compared with the previous benefit year.<\/p>\n
Benefit supports millions of families<\/p>\n
The federal government says the Canada Child Benefit supports about 3.6 million families caring for six million children and provides approximately $30 billion in tax-free payments each year.<\/p>\n
The amount a family receives depends on its adjusted net income from the previous year, along with the number and ages of children in its care.<\/p>\n
For example, the government says a family with a five-year-old and a nine-year-old and an adjusted net family income of $65,000 could receive about $11,430 during the 2026-27 benefit year. That would be nearly $400 more than the family received the previous year.<\/p>\n
Related Stories:<\/p>\n
Payments indexed to inflation<\/p>\n
The Canada Child Benefit has been indexed to inflation annually since 2018.<\/p>\n
Annual increases take effect July 1, which marks the beginning of the benefit year running through June 30.<\/p>\n
Children and Youth Secretary of State Anna Gainey said the increased payments will help families manage everyday expenses such as groceries, clothing and school supplies.<\/p>\n
\u201cWhen we invest in kids, we\u2019re investing in our future and building Canada strong,\u201d Gainey said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"Canadian families can receive higher Canada Child Benefit payments beginning this month as the federal program adjusts for…\n","protected":false},"author":2,"featured_media":825695,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[49,48,44],"class_list":["post-825694","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-ca","tag-canada","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/825694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=825694"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/825694\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/825695"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=825694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=825694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=825694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}