Families across Canada are getting a helping hand dealing with the rising cost of living.
Ottawa is increasing the Canada Child Benefit this year up to $6,997 for families with children under the age of six and $5,903 for children aged six through 17.
That’s an increase of 164 and 138 dollars respectively.
The amount received is based on a family’s net income reported on its tax return the previous year.
The benefit is meant to support low to middle-income families and is tax-free.
- Advertisement -