Don’t forget: first payment of child benefit coming soon

By Staff | June 27, 2016 | Last updated on September 15, 2023
1 min read

Over the summer, you likely relax as markets slow and your clients take vacations.

But remember: as of July 20, 2016, families will start receiving the new Canada Child Benefit (CCB). It will be issued monthly and replaces the Canada Child Tax Benefit, including the National Child Benefit Supplement and the Universal Child Care Benefit.

Use this benefits payment calendar to help clients save and invest, and share the following facts and articles about the CCB.

Quick facts

  • Families with less than $30,000 in net income will receive the maximum benefit.
  • Families benefiting will see an average increase in child benefits of almost $2,300 in the upcoming 2016–2017 benefit year.
  • The maximum annual benefit will be up to $6,400 per child under the age of 6, and up to $5,400 per child aged 6 through 17.


Calculate how much the child benefit will help clients

Who will benefit from new family tax regime?

Think clients know their tax rates? Think again

Essential tax numbers: Post-budget update

3 reasons there are more dual-income families: StatsCan staff


The staff of have been covering news for financial advisors since 1998.