A boost to the Canada Child Benefit kicked in July 19.
Nickel Belt MP Marc Serré said, quite simply, the increase means more money in the pockets of Canadians.
“Raising the CCB means more money in the pockets of … families that need it most,” he said in a press release.
In Nickel Belt, 8,710 families and 15,370 children receive the CCB. The increase means those in the riding with kids will now receive an average of $540 a month in support. For 2019–2020, the maximum national benefit will be $6,639 per child under age six and $5,602 per child aged six through 17.
With the increase, a single-parent family with one child aged under age six and earning $25,000 will receive an additional $143 for the upcoming benefit year, for an annual total of $6,639.
Meanwhile, a two-parent family with two children aged four and nine, and earning $55,000 will receive an additional $354 for the upcoming benefit year, for a yearly total of $9,017.
On the other hand, a two-parent family with two children under the age of 6 and earning $90,000 will receive an additional $263 for the upcoming benefit year, for a yearly total of $7,090.
