CCB 2024 Update: Get Up to $7,787 for Your Family – Check Eligibility & Dates

The Canada Child Benefit (CCB) continues to play a vital role in providing financial assistance to families raising children under the age of 18. With the cost of living climbing steadily, the federal government has adjusted the CCB for 2024 to reflect inflation. Families can now receive up to $7,787 per year for children under 6 and up to $6,570 for those aged 6 to 17.

2024 CCB Overview

The CCB remains a cornerstone program aimed at easing the financial burden of raising children. This year’s adjustments ensure that eligible families can access increased tax-free payments to cover essential expenses. By understanding eligibility criteria, payment schedules, and how amounts are calculated, families can maximize this crucial support.

Updated CCB Rates for 2024

Benefit Type	Child’s Age	Annual Maximum	Monthly Maximum
Canada Child Benefit (CCB)	Under 6 years	Up to $7,787	$648.91
Canada Child Benefit (CCB)	Ages 6 to 17	Up to $6,570	$547.50
Disability Supplement	All eligible children	Up to $3,322	$276.83

What is the Canada Child Benefit?

Introduced in 2016, the CCB provides monthly tax-free payments to help Canadian families manage the costs of raising children. The benefit amount varies based on household income, number of children, and whether any children qualify for disability benefits.

For 2024, payments have risen by 4.7% compared to 2023 to offset inflation. This adjustment ensures that families continue receiving meaningful support amidst increasing expenses.

Key Program Details

Category	Information
Program	Canada Child Benefit (CCB)
Benefit Period	July 2024 – June 2025
Max Amount (Under 6)	Up to $7,787 annually ($648.91 monthly)
Max Amount (6–17)	Up to $6,570 annually ($547.50 monthly)
Eligibility	Canadian residents caring for children under 18, subject to income thresholds.
Application	Automatic via birth registration or through CRA account/Form RC66.
Income Threshold	Maximum benefit for annual family income ≤ $36,502; phased reductions above this level.
Inflation Adjustment	Indexed annually to inflation since 2018.
Additional Benefits	Child Disability Benefit of up to $3,322 per child annually for those with disabilities.
Payment Dates	Monthly payments; key dates for 2024 include Jan 19, Feb 20, Mar 20, etc., up to Dec 13, 2024.

How the CCB Works

The Canada Child Benefit is calculated annually based on your family’s net income from the previous year. Payments are disbursed monthly, usually around the 20th.

Payment Tiers Based on Income:

1. Families with income ≤ $36,502:
   • Eligible for the maximum benefit amount.
2. Families earning between $36,502 and $79,087:
   • Benefit decreases by 13.5% for every dollar above $36,502.
3. Families earning above $79,087:
   • Payments are further reduced by 5.7% on income exceeding $79,087.

Eligibility Criteria

To qualify for the CCB, applicants must:

• Be primarily responsible for a child under 18.
• Reside in Canada for tax purposes.
• Be a Canadian citizen, permanent resident, or hold valid temporary resident status for at least 18 months.

How to Apply for the CCB

Applying for the CCB is straightforward. When registering a child’s birth with your province or territory, the process often includes automatic enrollment. Alternatively, parents can apply through their CRA account or by submitting Form RC66, along with supporting documents like a birth certificate.

For newcomers to Canada, eligibility requires at least 18 months of residency and filing a tax return.

2024 CCB Payment Schedule

Families can expect CCB payments on these dates: