Feds to increase Child Benefit this year to help with inflation

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Feds to increase Child Benefit this year to help with inflation
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Families can receive up to $6,997 per child under the age of six and $5,903 per child aged six through 17.

BARRIE – It’s been six years since the federal government provided families with a way to combat the rise of inflation with their Child Benefit plan.

"Canadian families are worried about the rising costs associated with raising kids, but they are not in this alone, said Gould. “Through our new Affordability Plan, the continued indexation of the Canada Child Benefit, and our Canada-wide early learning and child care system, we will continue to prioritize the needs of children and families, and help put money back in the pockets of Canadians when they need it the most.

This investment included the $10-a-day childcare fee to supplement families who are struggling to pay for childcare services. On Twitter Melillo voiced his concerns about the rise of inflation and the federal government’s lack of an action plan.

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