Canada Child Benefit increases once again to keep up with the cost of living

Every child deserves the best possible start in life. That is why the Government of Canada introduced the Canada Child Benefit (CCB) five years ago to help give families a fair chance at success. Since then, each year the CCB has provided almost $25 billion in tax-free support to about 3.5 million families. This support has helped lift nearly 435,000 children out of poverty, grown the middle class, and put more money in the pockets of 9 out of 10 Canadian families compared to the previous suite of child benefits.

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