Notice #819 – Revised CLB income brackets for July 1, 2019 to June 30, 2020 Benefit Year

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• Information bulletin
• Previous bulletin or notice
• Purpose
• Background
• Adjusted Income Bracket for the 2019-2020 Benefit Year
• Contact us

Information bulletin

Number:
CESP/PCEE-2019/20-001-819

Date:
June 12, 2019

Subject:
Revised Income Brackets for the Canada Learning Bond (CLB) for the July 1, 2019 to June 30, 2020 Benefit Year

Previous bulletin or notice

This information bulletin updates notice # 772 – Revised Income Brackets for the Canada Learning Bond (CLB) for the July 1, 2018 to June 30, 2019 Benefit Year.

Purpose

The purpose of this information bulletin is to inform promoters and trustees that the income brackets used, in part, to determine eligibility for the CLB have been indexed for the July 1, 2019 to June 30, 2020, benefit year.

Background

The CLB is subject to section 6 (1) of the Canada Education Savings Act which uses, in part, the adjusted income of a beneficiary’s individual primary caregiver to determine eligibility for the CLB. These amounts are indexed yearly, based on inflation.

The Canada Revenue Agency has released the 2019 indexation adjustment for personal income tax and benefit amounts. Due to this indexation adjustment, income brackets for the CLB eligibility have been established for July 1, 2019 to June 30, 2020 benefit year.

Adjusted income bracket for the 2019-2020 benefit year

As such, for the July 1, 2019 to June 30, 2020 benefit year, eligibility for the CLB will be based, in part, on the following:

Number of children	Adjusted income bracket for the 2019-2020 benefit year
1 to 3	Less than or equal to	$47,630
4	Less than	$53,740
5	Less than	$59,876
6	Less than	$66,011
7	Less than	$72,146
8	Less than	$78,281
9	Less than	$84,416
10	Less than	$90,551
11	Less than	$96,686
12	Less than	$102,821
13	Less than	$108,957
14	Less than	$115,092
15	Less than	$121,227
16	Less than	$127,362

Note: larger families with higher adjusted incomes may also be eligible for the CLB. Information relating to CLB eligibility for larger families with higher adjusted incomes is available on request.

Contact us

If you have any questions regarding this information bulletin, please contact us by cesp-pcee@hrsdc-rhdcc.gc.ca or call at 1-888-276-3624. Our hours of operation are from 8:00 to 17:00 Eastern Time.