Low-income families who receive the Canada Child Benefit (CCB) will see their benefit increase by 2.4% starting Wednesday, Justin Trudeau announced on Wednesday.
Families who qualify for the CCB will now be able to receive up to $6,997 ($583 per month) per child under six and up to $5,903 ($491 per month) for each child aged 6 to 17 .
“We have seen hundreds of thousands of children lifted out of poverty over the years because we stopped sending checks to millionaire families and sent more to families in need,” said the Prime Minister. in a video.
This announcement coincides with Statistics Canada's inflation announcement on Wednesday. This reached 8.1% in June, largely driven by the increase in gasoline prices.
Set up in 2016, the Trudeau government had indexed the program to inflation in 2018.
For the year 2020-2021, there were just over 3,750,000 CCB beneficiaries, for a total cost of $25 million.
The number of women who received ACE for the same period was much higher than the number of men, at 3,533,940 compared to 214,390.
Despite the fact that Ontario is almost twice as populous as Quebec, it is in Quebec that we find the greatest number of men touching the ACE, that is 80,290, while they were 61 850 in Ontario.
Ottawa says its program has helped it lift 782,000 children out of poverty between 2015 and 2020.
CCB benefits are tax-free and income-adjusted for claimants.