Report From Parliament Hill:
Canada Child Benefit puts more money in Northerners’ pockets
Bob Nault - MP, Kenora Riding
“In the Kenora riding alone, the Canada Child Benefit helps 7,970 families and more than 16,000 children per year”
In 2015, our government made a promise to Northerners: to make sure everyone has a fair shot at success. That means, among other things, that we needed to invest more money directly into families with children, so that’s why we created the Canada Child Benefit (CCB). In 2016, we launched the CCB to help families provide for their children. The best part is the money families receive through the Child Benefit is tax-free and targeted to those who need it most.
The CCB is a critical part of our plan to continue supporting families in the North and across the country. The results speak for themselves. Since then, almost 300,000 fewer children are living below the poverty line. Well over $23.7 billion in benefits has been paid out to over 3.7 million Canadians and their families. In Ontario alone, more than 1.3 million families received nearly $9 billion from the CCB in 2017-18.
We’ve also ensured that as inflation rises, so does the Canada Child Benefit in order to help keep up with the growing expenses of raising kids. In addition, to address inflation head on, this coming July, the CCB will be increased once again to keep up with the cost of living. This puts even more tax-free money in the pockets of hardworking Northern families.
This means that for 2019–2020, the maximum benefit will be $6,639 per child under age 6, and $5,602 per child aged 6 through 17. As an example, a single parent with two children under the age of 6, and with an income of $30,000, will receive an additional $286 for the upcoming benefit year. This means up to $13,278 in support each and every year.
From 2016 to 2018, families in the Kenora riding raising children have received $147,533,000 (million) from the Canada Child Benefits – that’s more than $70 million per year in our riding. To put this more into perspective, we expect that once we receive total payment information for this benefit year, over $200 million will have been paid directly to families in the Kenora riding!
Thanks to the CCB, in 2017-18, 7,970 families in communities throughout our riding receive an average yearly payment of $9,270. This is helping 16,270 children. Recently, the International Monetary Fund, the Bank of Canada, and other experts stated that the CCB is a key contributor to help families out of poverty. It’s a fact that the Canada Child Benefit is working, and it is also clear that this government will continue to support families in the North.
I urge you to register now for the CCB if you haven’t already done so. To find out how, or to determine how much you may be entitled to receive, please contact my office at 1-866-710-0008.