2016 Federal Budget

Canada Child Benefit

March 24, 2016

Budget 2016 has proposed to replace the current Canada
Child Tax Benefit (CCTB) and the Universal Child Care Benefit (UCCB) with the new Canada Child Benefit (CCB), which will begin in July 2016.

The CCTB is a non-taxable benefit that is paid monthly, based on adjusted family net income and the number of children in the family. The CCTB has three components: a CCTB base benefit for low- and middle-income families, a national child benefit supplement for low-income families, and a child disability benefit for families caring for a child under age 18 who is eligible for the disability tax credit.