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OTTAWA — Millions of Canadian families are receiving larger Canada Child Benefit payments beginning this month as annual inflation indexing takes effect.
The federal government says the maximum annual benefit has increased to $8,157 for each child under six and $6,883 for children aged six to 17.
The increases amount to as much as $160 more per child under six and up to $135 more for children aged six to 17 compared with the previous benefit year.
The Canada Child Benefit provides tax-free monthly payments based on a family’s previous year’s income to help offset the cost of raising children.
The federal government says about 3.6 million families caring for nearly six million children will receive roughly $30 billion in tax-free payments during the 2026-27 benefit year.
Secretary of State for Children and Youth Anna Gainey said the additional support will help families cover everyday expenses.
“Starting Monday, the Canada Child Benefit is going up for 3.6 million Canadian families,” Gainey said in a statement.
“This increased monthly payment will help cover everyday expenses like school supplies, clothing and groceries.”
The Canada Child Benefit has been indexed to inflation each year since 2018. Payments are recalculated annually beginning July 1 based on adjusted family net income, the number of children in a household and their ages.
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