The Canada Child Tax Benefit, or CCTB, is available to eligible families to help with the cost of raising their children. This is a non-taxable monthly payment that is based on your family net income. Family net income is your net income from your last tax return plus the net income of your spouse or common-law partner. The Canada Revenue Agency provides a Child and Family Benefits Online Calculator to give you an idea of what you can expect to receive.
The Canada Child Tax Benefit may also include an amount for either the National Child Benefit (NCB), for low income families, or the Child Disability Benefit (CDB), to help care for disabled children.
To be eligible to receive the Canada Child Tax Benefit, you must be a Canadian resident that is the primary caregiver for a child under the age of 18. Either you, or your spouse or common-law partner, must be a Canadian citizen, a permanent resident, temporary resident living in Canada for the past 1 1/2 years, or a protected person. Once your child is born, you can apply for the CCTB by mail or online.
Tomorrow we will look at another government program you become eligible for when having a child, the Universal Child Care Benefit (UCCB).
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I envy you Canadians,I love the Social Welfare System of Canada.
The social welfare system in Canada? Our wages don’t compete with living costs. The standards for “middle-class” haven’t changed in how many years? The Canadian Child Tax Benefit doesn’t help these “middle-class” families enough. The rich will continue to get richer as the poor will continue to get poorer. Seems a little corrupt to me.
The Canadian gov is truly a welfare state whih caters to the needs of everyone living in its country. I think other countries need to leran from its model and apply its policies like the one given above on child tax benefit to encourage families to have kids.