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Canada Child Benefit Rises 2.7% as Early July Payments Arrive

Canada’s July 18 benefit deposit reflects a 2.7% inflation adjustment with a matching increase in disability support

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Overview

  • July’s Canada Child Benefit was deposited on Friday, July 18, two days earlier than the standard weekend schedule.
  • The 2.7% inflation adjustment lifts maximum annual benefits to $7,997 for each child under six and $6,748 for those aged six through 17.
  • The Child Disability Benefit grew from $3,322 to $3,411 annually, providing $284.25 monthly to eligible families.
  • Recipients must have filed 2024 tax returns for the Canada Revenue Agency to process and release their payments.
  • Ottawa is simultaneously rolling out a $1 billion National School Food Program and expanding the Canadian Dental Care Plan to further ease household costs.