Good news for families receiving the Canada Child Benefit

Good news this week for middle and low income families who receive the Canada Child Benefit or perhaps those who plan on receiving it soon !

The Liberals used this week's Fall economic update to introduce an improvement to the Canada Child Benefit (CCB) which is a benefit introduced to help with the high cost of raising children. Starting in July 2018, CCB benefits will be increased annually to keep up with the (always increasing) cost of living/inflation. This is similar to what happens with the Canada Pension Plan and Old Age Security plans each year.

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