Upcoming Changes in the Canada Child Benefit

Source: 
Employment and Social Development Canada

The Minister for Families, Children and Social Development has highlighted how the Government intends to strengthen the Canada Child Benefit (CCB) by making annual cost of living increases starting in July 2018—two years ahead of schedule.

More Information: 

For a single parent of two children making $35,000, a strengthened CCB will contribute $560 in the 2019–20 benefit year towards the cost of raising his or her children. That means more money, tax-free, for books, skating lessons or warm clothes for winter.