Some 1.3 million families in Ontario received nearly $9 billion from Canada Child Benefit (CCB) in the 2018–19 benefit year, according to stats from Social Development Canada.
The Government of Canada has committed to increasing the CCB by 15 per cent for children under the age of one, beginning summer 2020. This could give families up to $1,000 more each year, it pointed out in a media statement.
Quick Facts
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.
Tax filing opens the door to benefits and credits, including the Canada Child Benefit. Over 29 million returns were filed for the 2018 tax-filing season.
Across Canada between July 2018 and June 2019, nearly 3.7 million families received close to $24 billion in annual Canada Child Benefit payments.
More families received monthly CCB payments in the first half of the current benefit year than in the same period of any previous CCB benefit years.
Examples of payments for the 2019-20 benefit year:
- A single-parent family with one child under the age of 6 and earning $25,000 will receive an additional $143 for the current benefit year, bringing their new yearly total benefit 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 current benefit year, bringing their new yearly total benefit 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 current benefit year, bringing their new yearly total benefit to $7,090.