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Canada Child Benefit payments to increase this month for many families. Here’s how much it’s going up

Thursday, July 13th, 2023

Introduced in 2016, the CCB replaced the taxable Universal Child Care Benefit… The CCB is intended to provide increased support to low- and middle-income families with children. Families with an adjusted net income under $34,863 will receive the maximum amount for each child… The federal government indexed the CCB to ensure benefits keep up with inflation.

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