Nearly 457,000 families in British Columbia benefiting from more generous payments starting this month
The Government of Canada is lowering costs for families by strengthening the Canada Child Benefit (CCB). The CCB is a monthly tax-free payment to help them with the costs of raising children.
Today in British Columbia, on behalf of the Honourable Anna Gainey, Secretary of State (Children and Youth), the Honourable Stephen Fuhr, Secretary of State (Defence Procurement) and Member of Parliament for Kelowna, is pleased to highlight the program's continued delivery of meaningful tax-free support to families.
Starting this month, the CCB will provide families with up to $8,157 per child under the age of 6 and up to $6,883 per child aged 6 to 17. This represents an increase of up to $160 per child under age 6 and up to $135 per child aged 6 to 17 compared to the previous year, helping families manage everyday expenses such as groceries, clothing and child care. In British Columbia alone, the CCB provides over $3.2 billion in benefits to approximately 457,000 families each year, helping reduce financial pressures and contributing to the financial stability of households across the British Columbia.
Today, nationally, the CCB supports about 3.6 million families caring for 6 million children, delivering approximately $30 billion in annual tax-free payments. The CCB has helped to lift hundreds of thousands of children out of poverty and has put more money directly into the pockets of parents who need it most.
