Good news for families in Canada! The next Child Benefit (CCB) money will come to you on October 18th, 2024. This is a little earlier than the normal date, which is usually the 20th of every month.
The group called Immigration News Canada (INC) says the money will be a bit more this time. Since July 2024, they increased the amount to help families with money things getting more expensive.
The Canada Child Benefit (CCB) is money the government gives every month. Families don’t have to pay taxes on it. It’s for families with children under 18 years old. This helps families, especially when they don’t make a lot of money.
This special money started in July 2016. It took the place of older help programs like the Canada Child Tax Benefit and the Universal Child Care Benefit.
Each year, they might change how much money they give. They do this to help with things like food and clothes that cost more every year.
When Will You Get Your CCB Money in 2024?
Get ready because the next date to get your money is October 18th, 2024. Usually, the money comes on the 20th, but if the 20th is a weekend or holiday, they give it to you a little earlier. After October, the dates for the rest of 2024 are November 20th and December 20th.
How Much Money Can Families Get?
- You could get as much as $7,787 every year for each child under 6 years. That’s about $648.91 every month.
- For each child between 6 and 17 years old, you could get up to $6,570 every year. That’s about $547.50 every month.
The amount of money can change. It depends on how much your family makes and how many kids you have.
Who Can Get This Money?
To get the CCB money, you need to follow some rules:
- Your child must be under 18 years old.
- You, the parent or guardian, have to live in Canada for taxes. This includes people who are Canadian citizens, have permanent residency, are protected people, or have been allowed to stay temporarily like students and workers from other countries.
- You should have lived in Canada for at least 18 months. Your permission papers should not say “does not confer status” after 18 months.
- They look at how much your family made last year to decide how much money you get.
- You need to do your taxes, even if you are new to Canada, or you might not get your money on time.
How Can You Get This Money?
INC says new people in Canada or those here temporarily can apply if they meet the rules. Here’s how you can get the CCB money:
- Register a New Birth: If your baby is born in Canada, sign up their birth in your province or region. This usually starts the CCB steps for you.
- Apply Online: If your child was born somewhere else or you need to fill forms yourself, you can apply using the Canada Revenue Agency (CRA) My Account online system.
- Give Your Papers: You need to show where you live, give your child’s birth paper, and share how much money you made last year.
How to Get the Most CCB Money
Here are some tips for families:
- Be On Time with Taxes: The CRA looks at your taxes to decide money amounts. If you’re late, it might mess up when you get your money.
- Tell About Income Changes: If your money situation changes a lot, let CRA know. This could mean more CCB money for you.
- Keep Up to Date: Watch out for any news about the CCB program because it might change how much you get.