Families eligible for Canada’s Child Tax Benefit (CCB) should keep an eye on their bank accounts this month, as payments are set to be released on May 20, 2025.
This tax-free monthly benefit assists families with the costs associated with raising children under 18.
Increase in CCB Payments for 2024
In July 2024, the Canadian government introduced a 4.7% increase in the CCB, aimed at easing the financial burden on families.
The maximum payment for children under six was boosted by $350, raising it from $7,437 to $7,787. For children aged six to 17, the increase was $295, bringing the total payment from $6,275 to $6,570.
Anticipated Increase in 2025
Looking ahead, families can expect another child tax benefit increase in July 2025, though it won’t be as substantial as the previous year.
The Canada Revenue Agency (CRA) forecasts a 2.7% increase, bringing the base annual benefit for children under six to $7,997 (equivalent to $666 monthly) and the benefit for children aged six to 17 to $6,748 (equivalent to $562 monthly) until June 2026.
The Child Disability Benefit (CDB) will also see a rise from $3,322 to $3,411 starting in July 2025.
Important Tax Filing Information
It is important for eligible families to file their taxes on time, as the CCB payment will not be issued until the CRA has processed their 2024 tax return.
Provincial Child Benefit Programs
In addition to the federal CCB, certain provinces in Canada offer additional child benefit programs:
- Ontario and Alberta: Both provinces have their own child benefit initiatives to provide additional financial assistance to families.
- British Columbia: Families in British Columbia can apply for the provincial family benefit, which includes a six-month bonus that is valid until June 2025. The maximum annual benefit here can reach:
- $2,188 for the first child
- $1,375 for the second child
- $1,125 for each subsequent child, including the bonus.
Eligibility Check for CCB
To check eligibility for the Canada Child Benefit, families can complete the government’s eligibility test.
Key Changes in CCB for 2024
| Benefit | Old Payment (2024) | New Payment (2025) |
|---|---|---|
| Children under six | $7,437 | $7,787 |
| Children aged 6-17 | $6,275 | $6,570 |
| Child Disability Benefit (CDB) | $3,322 | $3,411 |
The Canada Child Benefit is an essential support program for many Canadian families, offering financial assistance to help with the costs of raising children.
Families should remain informed about payment updates and ensure their taxes are filed on time to receive their benefit. Additionally, provincial programs in Ontario, Alberta, and British Columbia further help families access additional support.
With scheduled increases in the CCB for 2025, Canadian families can look forward to continued financial relief in the coming years.
FAQs
What is the Canada Child Benefit (CCB)?
The Canada Child Benefit (CCB) is a tax-free monthly payment designed to help eligible families with the costs of raising children under 18. The benefit is available to Canadian families who meet the eligibility criteria and file their taxes each year.
How much will the Canada Child Benefit increase in 2025?
In July 2025, the CCB will increase by 2.7%. Families will see the annual base benefit for children under six rise to $7,997 and for children aged six to 17 rise to $6,748.
Can I receive the Canada Child Benefit if I haven’t filed my taxes?
No, eligible families must file their 2024 tax returns in order to receive the Canada Child Benefit. The CRA will assess your tax return before issuing the payment.