October Canada Child Benefit cheques come out this week
What is the Canada Child Benefit?
The Canada Child Benefit (CCB) is a tax-free monthly payment made to eligible families to help with the cost of raising children under 18 years of age. The amount of the payment is based on the family's income and the number of children in the family.
When are the October CCB cheques coming out?
The October CCB cheques will be issued on October 28, 2023. Families who receive the CCB by direct deposit will see the payment in their accounts on that day.
Who is eligible for the CCB?
To be eligible for the CCB, families must meet the following criteria:
- Have a child who is under 18 years of age
- Reside in Canada
- Meet the income eligibility requirements
How much is the CCB?
The amount of the CCB payment varies depending on the family's income and the number of children in the family. The maximum monthly payment for the 2023-2024 benefit year is $695 for children under 6 years of age and $705 for children aged 6 to 17.
How do I apply for the CCB?
Families can apply for the CCB through the Canada Revenue Agency (CRA) website or by calling 1-800-387-1193. Families who are already receiving the CCB do not need to re-apply.
What if I have more questions about the CCB?
For more information about the CCB, families can visit the CRA website or call 1-800-387-1193.
