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Government of Canada Continued Support for Canadian Families with the UCCB

Posted in Canada, Politics

Published on July 21, 2015 with No Comments

With our Conservative Government’s Economic Action Plan 2015, we have balanced Canada’s budget through low-tax initiatives helping to encourage job creation and economic growth. Economic Action Plan 2015 also introduces new measures to help make life more affordable Canadian families.

To help moms and dads across the country, we have increased and expanded the Universal Child Care Benefit (UCCB) to almost $2,000 annually per child under the age of 6, and $720 annually for each child between 6-17 years of age. With retroactive payments beginning on July 20, 2015, the Government of Canada has transferred almost $3 billion to 3.8 million families, representing the largest lump sum payment to families in Canadian history. That means a family with 2 kids would have already received $1,000.

The UCCB provides direct support to low-and middle-income families to assist with family priorities. Parents can spend this money on child care services, back-to-school supplies, sport activities, and much more.

While the majority of families in Canada are enjoying this welcomed boost to their bank accounts, an
estimated 200,000 families may have missed out because they did not apply. Families that have never received the Universal Child Care Benefit, or have not applied for the Canada Child Tax Benefit, are encouraged to visit www.canada.ca/taxsavings today for more information on how to apply.

 

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