Families in Canada may be eligible for a monthly benefit from the Canadian government.
As inflation is increasing the prices of food, gas and rent, extra money can help.
Families may be eligible for Canada child benefit, a tax-free monthly payment to help cushion the cost of raising children under 18 years of age.
Parents or guardians must apply for the benefit and commence the application once their child is born or starts to live with the family.
Applicants must be Canadian residents and be primarily responsible for the care and upbringing of the child.
The amount benefit amount is calculated each July and depends on the net income of the family. Payments could be anywhere from around $240 for the year to over $500 a month, depending on the family’s income, the number of children and the cost of accommodation.
Tax returns must be filed by parents every year to receive the benefit.
The payments are made monthly and the next ones will be November 20 and December 13.
