Canada Child Tax Benefit (an additional income-tested family benefit). But assessing the full impact of the new Canada Child Benefit (CCB) may take longer. Here some things to know about the new monthly child benefit:How much will families receive? Any deductions that lower the amount on line 236 of the federal tax return will result in higher monthly benefit payments. Claiming costs like child care, moving expenses or union dues lowers the taxable net income amount as well.
Source: CBC News July 11, 2016 09:00 UTC