Helping hard-working middle-class families provide the best start in life for their children is a top priority for the Government of Canada. That is why today, Oakville North-Burlington MP Pam Damoff joined the Hon. Jean-Yves Duclos, Minister of Families, Children and Social Development and Member of Parliament for Québec at the Reach Out Centre for Kids (ROCK) in Burlington to announce that the CCB will be increased to keep up with the cost of living. This change comes two years ahead of schedule and will give parents even more money each month to help them provide for their children.
Two years ago, the Government launched the Canada Child Benefit (CCB) to help families with the high cost of raising kids. The CCB—which is targeted to middle-class families and those working hard to join the middle class—is simpler, tax‑free and more generous than previous child benefit programs.
“The CCB puts money in the pocket of Canadian families so they can help their kids go to camp, play sports and buy supplies or clothes for school,” said MP Damoff. “Residents of Oakville North-Burlington have received payments helping 25,670 children with an average yearly payment of $4,930. The CCB has put over $70 million into our North Oakville and North Burlington economies in the past year.”
Indexing the CCB sooner will ensure that it will continue to play a vital role in supporting families. This means that the CCB will now have a maximum annual benefit of $6,496 per child under age 6 and $5,481 per child age 6 through 17. On average, families benefitting from the CCB received $4,600 more over the last two years.
“The Government of Canada continues to support the middle class and those working hard to join it, here in Burlington and across the country,” said MP Karina Gould. “With more than 10,000 Burlington families benefitting from the Canada Child Benefit, this expanded CCB means more money in the pockets of Burlington residents.”
Thanks to the CCB, 9 out of 10 Canadian families have more money to help pay for things like healthy food, sports programs and music lessons. Even more importantly, the CCB has helped
lift more than half a million people—including 300,000 children—out of poverty.
“The enhancement of the Canada Child Benefit will mean more money for Canadian families starting tomorrow,” said Minister Duclos. “Across Canada, CCB payments worth over $23.3 billion benefit nearly 3.7 million Canadian families. Our government is committed to ensuring that this tax-free benefit continues to help the middle class and those who are working hard to join it.”