Increase in Canada Child Benefit for Eligible Families
The Canadian government has increased the Canada Child Benefit, providing eligible families with up to $160 per child under six and $135 for children aged 6 to 17. Officials state this measure is intended to help families manage the rising cost of living.
Why it matters
This policy change directly impacts household disposable income for thousands of families facing inflationary pressures.
Eligible families may notice a little extra cash in their bank account.
Effective yesterday, federal child benefits increased up to $160 per child under the age of 6, and up to $135 per child ages 6 to 17.
Metro-area MP Tom Osborne says some 47-thousand people in this province saw an increase in their account and that Ottawa is looking at further affordability measures to tackle the rising cost of living.
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