The Canada Child Benefit goes out Thursday. How much will you get? – National [Video]

Canadian parents will receive the latest child benefits from the federal government this week.

March payments of the Canada Child Benefit will roll out Thursday to eligible families with children under the age of 18 years.

The tax-free monthly payments are calculated based on the adjusted family net income, as reported in the previous year’s tax return, as well as the number of children and their ages, according to the Canada Revenue Agency.

The CCB amounts were increased by 4.7 per cent in July 2024 after a routine annual recalculation based on a family’s net income from the previous year and inflation.

Maximum monthly amounts have remained unchanged since then and will be recalculated in July.

This month, families could get a maximum of $648.91 for each kid under the age of six years.

For each child between six and 17 years, the maximum CCB amount a family could get is $547.50.

Families will get the …