July 19, 2024
Excerpt: "For the 2024–25 benefit year, families can receive up to $7,787 per child under the age of 6 and $6,570 per child aged 6 through 17. This means moms and dads could receive up to $350 more than last year. This represents an increase of 4.7% from the previous year. The Canada Child Benefit has been indexed to inflation using Consumer Price Index data as reported by Statistics Canada—a widely used measure of inflation. Indexing the Canada Child Benefit occurs every July, ensuring that the benefit protects families from inflation and provides certainty and predictability of support parents can count on."