Prince.Skeletor
Don’t Be Like He-Man
That's quite alot of money.
But doing this during the great resignation is interesting timing.
Families could see a financial boost from the Canada Child Benefit (CCB) with increasing payouts in 2022 to match rising inflation. The tax-free monthly amounts help eligible households with the cost of raising a child under 18 years old. Prime Minister Justin Trudeau tweeted a video message reminding parents that CCB payment increases were taking effect on Wednesday.
Any family with an AFNI under $32,797 gets the maximum amount for each child. That comes to $6,997 per year ($583.08 per month) for each child under 6 years old and $5,903 per year ($491.91 per month) for each child 6 to 17 years old. Monthly payments gradually decrease when a family's AFNI is over $32,797.
To be eligible, applicants must be living with and caring for a child who is younger than 18 years old and be a Canadian resident, a protected person, an eligible temporary resident or an individual who is registered (or entitled to be registered) under the Indian Act or have a partner who is a Canadian citizen.
But doing this during the great resignation is interesting timing.
Families could see a financial boost from the Canada Child Benefit (CCB) with increasing payouts in 2022 to match rising inflation. The tax-free monthly amounts help eligible households with the cost of raising a child under 18 years old. Prime Minister Justin Trudeau tweeted a video message reminding parents that CCB payment increases were taking effect on Wednesday.
Any family with an AFNI under $32,797 gets the maximum amount for each child. That comes to $6,997 per year ($583.08 per month) for each child under 6 years old and $5,903 per year ($491.91 per month) for each child 6 to 17 years old. Monthly payments gradually decrease when a family's AFNI is over $32,797.
To be eligible, applicants must be living with and caring for a child who is younger than 18 years old and be a Canadian resident, a protected person, an eligible temporary resident or an individual who is registered (or entitled to be registered) under the Indian Act or have a partner who is a Canadian citizen.
