The Canada Baby Profit is a month-to-month tax-free profit out there to eligible households with kids underneath the age of 18. Its identify has modified over time, and it’s usually nonetheless referred to by many because the “Baby Tax Profit.”
The CCB is aimed toward eradicating youngster poverty in Canada. It’s distinctive in that the advantages obtained are usually not thought-about taxable revenue.
Which means the households benefitting from this system is not going to lose different income-tested advantages such because the GST/HST credit score and the Assured Earnings Complement.
Under I cowl the CCB fee dates in 2024 and every thing you want to know in regards to the Canada Baby Profit.
Canada Baby Profit Dates 2025
Canada Income Company (CRA) will ship Canada Baby Profit funds for this yr on the next dates:
- January 20, 2025
- February 20, 2025
- March 20, 2025
- April 17, 2025
- Might 20, 2025
- June 20, 2025
- July 18, 2025
- August 20, 2025
- September 19, 2025
- October 20, 2025
- November 20, 2025
- December 12, 2025
Funds are made on to the checking account you register with CRA.
Whereas funds are typically made by the twentieth of the month, it’s best to wait a few week or so earlier than contacting CRA in the event you haven’t but obtained the profit.
Canada Baby Profit Quantity
For July 2024 to June 2025 fee cycle, the CCB supplies a most annual good thing about $7,787 for every youngster underneath the age of 6 and as much as $6,570 per yr for every youngster between the age of 6 and 17.
The Canada Baby Profit (CCB) Defined
The CCB is a tax-free profit out there to eligible households. The quantity you obtain relies on:
- The variety of kids who stay with you and their ages.
- Your adjusted household internet revenue.
- Your youngster’s eligibility for the kid incapacity profit.
- Your marital standing.
- Your province of residence and whether or not you qualify for different provincial youngster advantages which can be administered by the CRA and mixed along with your CCB.
The CCB fee interval runs from July to June, and the quantity you obtain relies in your revenue tax return for the earlier yr.
For instance, CCB fee quantities for July 2024 to June 2025 fee cycle are primarily based on your loved ones’s internet revenue for the 2023 tax yr.
Beginning in July 2025, your internet revenue in 2024 might be used to calculate your CCB profit eligibility.
To proceed receiving the CCB, you and your partner should file an revenue tax return yearly, even if in case you have not earned taxable revenue in the course of the yr.
How To Apply for the CCB
It’s possible you’ll be eligible to use for the CCB in case you are immediately accountable for a kid who’s a minor (underneath age 18) and stay with them. You will need to even be a resident of Canada for tax functions. The feminine father or mother is often thought-about the first caregiver.
Computerized utility for the CCB happens once you register the delivery of your youngster along with your province.
Alternatively, you may register by way of CRA My Account or full Type RC66, Canada Baby Advantages Software.
Newcomers who come to Canada with youngsters born overseas can full Type RC66 and mail it to the tax centre closest to them (there are centres in Winnipeg, Sudbury, and Quebec).
You will need to present proof of delivery, e.g. a delivery certificates, passport, or everlasting resident card, and full the shape Schedule RC66SCH, Standing in Canada/Assertion of Earnings.
It might take as much as 11 weeks in your CCB utility to undergo.
If in case you have questions on your CCB utility, attain out to the CRA by way of its Canada Baby Advantages telephone at 1-800-387-1193.
Should you stay within the Yukon, Nunavut, or the Northwest Territories, the quantity to name is 1-866-426-1527.
Canada Baby Profit Calculation: How A lot CCB You Will Get
The federal government has a toddler and household advantages calculator (CCB fee calculator) you should use to estimate your month-to-month funds.
For July 2024 to June 2025 fee interval, the next most advantages apply:
- Kids underneath 6: $7,787 or $648.91 per thirty days
- Kids between 6 and 17: $6,570 or $547.50 per thirty days
As your adjusted household internet revenue (AFNI) will increase, the quantity of CCB you get reduces. The phase-out fee begins at $36,502.
| # of eligible kids July 2024 – June 2025) |
AFNI over $36,502 and as much as $79,087 | AFNI over $79,087 |
| 1 youngster | 7.0% | 3.2% |
| 2 kids | 13.5% | 5.7% |
| 3 kids | 19.0% | 8% |
| 4 or extra kids | 23.0% | 9.5% |
Provincial Baby Profit Applications and the CCB
Some provincial youngster profit applications are administered by the CRA and are mixed with CCB funds, together with:
The Alberta Baby Profit and Alberta Household Employment tax credit have been mixed and at the moment are referred to as the Alberta Baby and Household Profit (ACFB). This profit is paid out individually from the CCB.
Quebec gives a Household Allowance fee by way of Retraite Quebec.
Different youngster advantages out there in Quebec embrace the Complement for Handicapped Kids Requiring Distinctive Care and Complement for the Buy of Faculty Provides.
CCB Enhance in 2025
CCB funds elevated in July 2024 to maintain up with inflation. One other improve is slated for July 2025.
The utmost annual CCB profit for a kid underneath 6 elevated to $7,787, and for these aged 6-17, the utmost annual profit is now $6,570 per youngster.
This improve extends to 2025 till the present fee cycle ends in June 2025.
Listed below are some methods for growing your CCB and easy methods to spend money on your child’s RESP account.
Baby Incapacity Profit Cost Dates
The Baby Incapacity Profit (CDB) is paid to eligible households who’ve a toddler underneath 18 who suffers from a extreme and extended impairment that limits them bodily or mentally.
The utmost Canada Incapacity Profit for the interval of July 2024 to June 2025 is $276.83 per thirty days or $3,322 per yr.
The CDB is included in CCB funds for many who qualify, and fee dates happen on the identical dates because the CCB as follows:
- January 20, 2025
- February 20, 2025
- March 20, 2025
- April 17, 2025
- Might 20, 2025
- June 20, 2025
- July 18, 2025
- August 20, 2025
- September 19, 2025
- October 20, 2025
- November 20, 2025
- December 12, 2025
Canada Baby Profit FAQ
For kids underneath age 6, the present most month-to-month profit is $648.91 per youngster. For kids older than 6 via 17, the utmost month-to-month profit is $547.50 per youngster. Households with a internet revenue under $36,502 will obtain the utmost profit.
No, the Canada Baby Profit is a tax-free profit and doesn’t depend towards your taxable revenue once you file your revenue tax return.
Sure. The CCB elevated in July 2024, and this improve might be mirrored in all funds in the course of the cycle that runs from July 2024 to June 2025.
How a lot you obtain is dependent upon your loved ones’s internet revenue for the earlier yr, the age and variety of your kids, and your province of residence.
Baby advantages cease when your youngster turns 18, or your loved ones’s internet revenue exceeds the utmost threshold.
If the CRA pays you an excessive amount of CCB, they are going to let you understand how a lot was overpaid, and the surplus quantity could also be deducted out of your future CCB funds, revenue tax refund, or GST/HST credit score.
Associated: Ontario Trillium Profit Dates.