The Canada Child Benefit (CCB) is a monthly payment from the Government of Canada that helps families cover the costs of raising children under 18 years old. Payments are made from July to June each year and are based on your family income, marital status, and the number and ages of your children. To qualify, you must live with the child, be mainly responsible for their care, be a resident of Canada for tax purposes, and have an eligible legal status in Canada. The Canada Revenue Agency (CRA) usually uses your income from last year’s tax return to calculate the benefit. Families with a child who qualifies for the Disability Tax Credit may receive extra support through the Child Disability Benefit.
The information provided on this website is for general informational purposes only and should not be considered legal, tax, or accounting advice. Tax laws and regulations may change and can vary based on individual circumstances.