Canada Child Benefit increases again to keep up with the cost of living

News release

July 19, 2024                            Gatineau, Quebec                    Employment and Social Development Canada

Raising kids is expensive. That’s why the Government of Canada created the Canada Child Benefit to give extra financial support to hard-working middle-class families and to give kids the best possible start in life. Since its introduction in 2016, the Canada Child Benefit has helped make life more affordable for parents and lift hundreds of thousands of children out of poverty.

Today, on its eighth anniversary, the Minister of Families, Children and Social Development, Jenna Sudds, announced the maximum annual Canada Child Benefit will increase again to help parents keep up with the cost of living. That’s more tax-free money back in their pockets every month—to spend on groceries, rent, summer camps and whatever their family needs.

For the 2024–25 benefit year, families can receive up to $7,787 per child under the age of 6 and $6,570 per child aged 6 through 17. This means moms and dads could receive up to $350 more than last year. This represents an increase of 4.7% from the previous year.

The Canada Child Benefit has been indexed to inflation using Consumer Price Index data as reported by Statistics Canada—a widely used measure of inflation. Indexing the Canada Child Benefit occurs every July, ensuring that the benefit protects families from inflation and provides certainty and predictability of support parents can count on.

The Canada Child Benefit is part of our work to support families and make life cost less. This includes the Canada-wide early learning and child care system, which has already reduced fees for regulated child care by half on average across the country, and the Canadian Dental Care Plan, which will make trips to the dentist more affordable for up to 9 million uninsured Canadians.

These are just some of the things that we’re doing to build a better and fairer future for every generation. We’re also building more homes, improving health care, and investing in innovation—so that every Canadian has a fair chance to succeed.

Quotes

“I have heard from so many parents how much the Canada Child Benefit is making a difference in their families’ lives. This tax-free benefit is increasing again to help parents keep up with the cost of raising kids and to give their kids the best possible start in life. We will continue to deliver results that Canadians can count on.”
– Minister of Families, Children and Social Development, Jenna Sudds – Minister of Families, Children and Social Development, Jenna Sudds

"Eight years ago, we introduced the Canada Child Benefit to give Canadian families the support they need to make ends meet and ensure their children have a fair chance at success. Just in Brampton West, our tax-free Canada Child Benefit has supported over 26,000 children and their families, especially in facing the rising cost of living. With the increase in this benefit, our government will continue supporting families in paying for their necessities and helping hundreds of thousands of children across the country do what they do best: being kids."
- Minister of Diversity, Inclusion and Persons with Disabilities, Kamal Khera

Quick facts

  • The Canada Child Benefit (CCB) is a monthly tax-free benefit based on prior year’s income that provides support for low- to middle-income families with children to help with the cost of raising children under 18 years of age. Eligible families received the first payment of the CCB in July 2016.

  • The amount received under the CCB depends on several factors, including the number of children in care, their ages, marital status and prior year’s net income. For the July 2024 to June 2025 benefit year, eligible families can now receive up to $6,570 per child aged 6 through 17, and up to $7,787 per child under the age of 6.

  • The CCB was indexed for the first time in July 2018. This indexation means that the maximum benefit amounts and income thresholds at which benefits begin to be reduced are increased annually to keep pace with the rising cost of living, giving parents more support each month to help them provide for their children This makes life more affordable for families and puts more money in the pockets of parents. 

  • Annual indexation takes effect on July 1 to coincide with the beginning of the program year for payments, which runs from July 1 to June 30 each year.

  • To give every child the best possible start in life, our government is also:

    • improving access to dental health care for children under the age of 18 through the Canadian Dental Care Plan—because no one should have to choose between taking care of their kid’s teeth and putting food on the table.
    • Creating the National School Food Program to ensure that more children have the food they need to focus on what really matters: learning and growing.
    • Supporting after-school learning with an investment of $67.5 million to help all Canadian students reach their full potential. After-school learning and supports play a critical role in helping students succeed in their academic pursuits, especially for at-risk students.

Associated links

Contacts

For media enquiries, please contact:

Geneviève Lemaire
Press Secretary
Office of the Minister of Families, Children and Social Development
genevieve.lemaire@hrsdc-rhdcc.gc.ca

Media Relations Office
Employment and Social Development Canada
819-994-5559
media@hrsdc-rhdcc.gc.ca
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