The Canadian government has increased the assistance provided under the Canada Child Benefit Payment. To help the parents cope with the rising inflation and sky rocketing cost of living, the government keeps introducing policies for the betterment of the citizens. The CCB is also one of those kinds. To know the eligibility criteria, increased amount and how to avail the benefits, keep up with us. As we aim to provide you up to date information with keeping in mind the relevancy about Canada Child Benefit Payment Increase 2024.
Canada Child Benefit Payment Increase 2024
The parents of children would be eligible to get the assistance provided by the government. It is being adjusted from time to time to keep it relevant in current scenarios. The CCB is tax free payment assistance given to the parents for helping them raise their kids and provide them better care in the age of inflation
The payment assistance under the scheme is annually adjusted and for the year 2024, the revision of payment will be applicable from July 2024. The payments are revised annually July lasting till next year June. The threshold at which the amount is reimbursed is adjusted every year so keep up with us. We will provide you the relevant information regarding the applicability and eligibility criteria along with increased amount in the payment assistance.
Canada Child Benefit Payment Increase 2024
The parents will receive the increased payment effective from July 2024. The eligible children lie in the threshold of 18. Those above 18 would not be eligible for the CCB 2024. The age criteria are divided between two groups. The first age group is between 0 and 6 years of age. And the second age group is between 6 and 17 years of age.
| Age Group | Increment in Amount | Increased Amount |
| Age Group between 0 and 6 | $350 | $7,787 |
| Age Group between 6 and 7 | $295 | $6570 |
Are You Eligible for the CCB Payment 2024?
The Employment and Social Development Canada is also provided additional 4.7% increase in child tax payments. The first thing that you must have is the Canadian citizens. You can either a protected citizen or a permanent citizen or a temporary residents staying there for 18 months and a valid 19th month permit of staying. You should also be the prime and sole care giver of the child. Your income must be below the specific limit mandated by the government. If you are legally separated from your partner, you must be eligible for partial custody to avail the payments. And your child must be under 18 for being eligible for the Canada Child Benefit Payment Increase 2024
- Permanent citizens or temporary resident with valid 18 months stay
- Your child should be under the age of 18
- Income threshold under given limit*
- If divorced, must have partial custody of the beneficiary child
*in 2022, the income should be less than $34,863. Recent changes have been made. Visit the official website of CRA (The benefit provider).
Increased CCB Benefits Payment Schedule 2024
The CRA releases predetermined dates for the release of payments. The dates are annually published on its official website, if any changes take place, please go and visit the official website of CRA. Otherwise, throughout the year, the dates remain same. If you get annual benefit less than $240, you will not get any monthly payment; instead you will get a yearly payment. But if you get more than $240, you are eligible to get monthly payment. The dates are as such-
| January | 19th Jan 2024 |
| February | 20th Feb 2024 |
| March | 20th March 2024 |
| April | 19th April 2024 |
| May | 17th may 2024 |
| June | 20th June 2024 |
| July | 19th July 2024 |
| August | 20th August 2024 |
| September | 20th Sept 2024 |
| October | 18th Oct 2024 |
| November | 20th Nov 2024 |
| December | 13th Dec 2024 |
The dates may change if any government holiday occurs on the specific dates. In all the scenarios the dates may remain same.
- So avail the benefits of the CCB, first get yourself enrolled and registered under the scheme. Apart from that, check the above mentioned eligibility criteria and scheduling details.
- We make our best efforts to provide you most authentic information regarding the Canada Child Benefit Payment Increase 2024. Get yourself updated, and get benefits from the increase payments 2024. One more thing, the increased will be effective from July 2024.
- As we have already made you aware of the fact that the government keeps updating the payment under CCB and keeps revising payment given the inflation. The beneficiaries must provide authentic documents for verification to avoid further complication.
| EJSR Magazine Home | Click Here |
