Friday, March 29, 2024

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Enhanced child benefit begins

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A pre-election cash goodie for households with children arrives in bank accounts today as the Conservative government rolls out its enhanced Universal Child Care Benefit.

All families with children under 18 will now get some extra cash each month, with today’s first payment including retroactive amounts back to January.

For children under age 6, the cash payment is now $160 a month, while a new $60 a month payment has been added for older kids.  Both amounts are considered taxable income.

The money can be used any way a family desires.  The UCCB previously paid $100 per month for children under age 6.

Because of the timing, the opposition parties accuse the Harper government of trying to buy votes ahead of the fall election.

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