5 things to know about the new Canada Child Benefit

Jul 12, 2016

Janyce McGregor, CBC News, 2016. 

The Liberals promised during last fall's federal election that nine in 10 Canadian families would be better off once their new child benefit package rolls out.

Significantly better — to the tune of $2,300 annually, on average, according to the finance department's calculations for the 2016-17 benefit year.

Is that really true?

On July 20, Canadian families will find out exactly how much their new monthly payments will be.

But assessing the full impact of the new Canada Child Benefit (CCB) may take longer.

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