Have you heard?
Families that are entitled to the Canada Child Benefit (CCB) who have children under six years old will be receiving a little bit more money this year!
The last year and a half has been very unpredictable for families – especially ones with young children who have been hit by several additional COVID expenses such as child care and around the house activities.
In 2021, families can receive up to $1,200 more per child under the age of six.
The first payment was issued on May 28th, 2021, and the final two payments will be issued on July 30 and October 29, 2021.
This additional money can help families pay for child care, food, clothing, etc.
If you are interested in learning more, you can check out these two articles here and here.
Child Plan – the fastest growing alternative to the RESP.