The Canada Child Benefit (CCB) is a monthly payment made by the Government of Canada to eligible families with children. Given the high costs of raising a child, this payment is a welcome boost to most family bank accounts. How do I get the Canada Child Benefit (CCB)? When you have a child and register their birth, you will be automatically assessed for the Canada Child Benefit. Typically your first CCB payment will arrive the month following your child’s birth month. For example, my daughter was born in August and I received my first CCB payment in September. You will then continue to receive the CCB on a monthly basis. The CCB is completely tax-free, and deposited directly into your bank account or mailed as a cheque to your home. I find my CCB payments are typically deposited in my bank account on the 20th of every month. How is the Canada Child […]
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