Canada Child Benefit next payment this week [Video]

The next payment for the Canada Child Benefit (CCB) is set to land in bank accounts this Friday, according to the Canada Revenue Agency.

The Canada Child Benefit is a tax-free payment made to eligible families to help with the cost of living when raising children under 18. For most who qualify, it’s paid out monthly.

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Following this week’s payment, families can expect the remaining payouts for this year on Nov. 20 and Dec. 13.

The CRA says that families who qualify for the benefit will not receive a monthly payment if their total amount for the year is less than $240. One lump sum payment with the July instalment would have been received instead.

According to the CRA’s website, to qualify for the CCB each month, families must live with a child under 18, …