OTTAWA – Jean-Yves Duclos, Minister of Families, Children and Social Development, announced that starting on July 20, 2019, the CCB will be raised once again to keep up with the cost of living. This means that for the 2019–20 benefit year, the maximum benefit will be $6,639 per child under age 6 and $5,602 per child aged 6 through 17.
“As a father, I know helping hard-working families in the Kenora riding is a smart way to grant parents the chance to give their children a head start in life,” stated Nault. “That’s why, three years ago, the government launched the Canada Child Benefit (CCB) to support families with the high cost of raising kids.”
On July 20, 2019, the CCB will be raised, once again, to keep up with the cost of living. This means that for the 2019–20 benefit year, the maximum benefit will be $6,639 per child under age 6 and $5,602 per child aged 6 through 17. As an example, a single parent with two children under the age of 6 and an income of $30,000 will receive an additional $286 for the upcoming benefit year to keep up with the cost of raising their children. This means families can receive up to $13,278 every year.
“Thanks to the CCB, 9 out of 10 Canadian families have more money to help pay for things such as healthy food, sports programs, and music lessons,” concluded Nault. “Increasing this benefit, illustrates the priority this government has placed on families and children in the North and throughout Canada.”
Quick facts
- Across Canada, CCB payments worth $23.7 billion benefits nearly 3.7 million Canadians and their families.
- More than 1.3 million families in Ontario received nearly $9 billion from the CCB in the 2017–18 benefit year.
- The CCB has had a positive impact on families’ incomes, playing a key role in reducing child poverty. There were 278,000 fewer children living in poverty in 2017 than there were in 2015.
- The Canada Child Benefit and new initiatives like the Canada Workers Benefit and the Canada Housing Benefit will continue to help the middle class and grow the economy by putting money in the pockets of Canadians.
- The CCB has been recognized by the International Monetary Fund, the Bank of Canada and other experts as a key contributor to helping strengthen Canada’s middle class.
- Examples of the new indexation rates for the 2019-20 benefit year:
- A single-parent family with one child aged under the age of 6 and earning $25,000 will receive an additional $143 for the upcoming benefit year. Bringing their new yearly total to $6,639.
- A two-parent family with two children aged 4 and 9 and earning $55,000 will receive an additional $354 for the upcoming benefit year. Bringing their new yearly total to $9,017.
- A two-parent family with two children under the age of 6 and earning $90,000 will receive an additional $263 for the upcoming benefit year. Bringing their new yearly total to $7,090.
