Personal Finance

CRA Canada Child Benefit Payments July 2018 - June 2019 ?

  • Last Updated:
  • Jul 10th, 2018 9:00 am
[OP]
Deal Addict
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Aug 28, 2012
1714 posts
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Kanata, ON

CRA Canada Child Benefit Payments July 2018 - June 2019 ?

Does anyone know when the CRA updates their payment schedule for the CCB for payments starting next month? Would like to know what our recalculated monthly amount is for budgeting purposes. I thought it would be updated by now on the CRA "My Account", but it hasn't.

Thanks!
37 replies
Member
Jun 1, 2017
221 posts
139 upvotes
My wife called and they told her how much she's getting and it will show online first couple of weeks of July.
Deal Fanatic
Nov 24, 2013
5162 posts
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Kingston, ON
Also, if you check your tax return, there’s a form where your monthly CCB amounts are estimated. Not sure if that would have included the CPI indexing or not though.
Deal Fanatic
Feb 1, 2006
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Muskoka
You can use your last years tax returns and the online CCB calculator to figure it out.
Member
Jun 1, 2017
221 posts
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Mike15 wrote:
Jun 22nd, 2018 11:54 pm
Also, if you check your tax return, there’s a form where your monthly CCB amounts are estimated. Not sure if that would have included the CPI indexing or not though.
I have tried that before and it is not even close to being accurate. It says 200 less than what I actually received.
Deal Addict
Aug 19, 2016
1902 posts
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Man, I wish I can still use CCB as a budgeting factor.
Each year I get less and less.
Deal Fanatic
Feb 1, 2006
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Muskoka
CollegeGraduate wrote:
Jun 24th, 2018 11:50 am
Man, I wish I can still use CCB as a budgeting factor.
Each year I get less and less.
Just have another kid! lol

Keep in mind that RRSP contributions will boost your CCB payments as well.
Newbie
Jan 15, 2017
73 posts
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New updated benefit amounts beginning July 2018 have been updated on the CRA website :)
Deal Addict
Aug 19, 2016
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thisisus wrote:
Jun 30th, 2018 10:32 pm
New updated benefit amounts beginning July 2018 have been updated on the CRA website :)
Now I get ~$24 less per month.
Newbie
Jan 15, 2017
73 posts
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CollegeGraduate wrote:
Jul 1st, 2018 2:42 am
Now I get ~$24 less per month.
That must mean you are making more money :)

I'm getting +$33 because I was on maternity leave last year.
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Mar 9, 2012
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Kitchener
Stock R wrote:
Jun 26th, 2018 2:11 am
Make less money and you'll get more :)
This is true.

My one kid turns 18 in January -- so February to June really sucks.

One odd thing, I noticed a very large payment (about an extra $600) for July only. I have no idea why this is and where it is coming form. Makes zero sense. Everything else is normal -- really surprised at the drop in February though... :( Looks like I need to start budgeting...
Well, I am not a crook.
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Mar 9, 2012
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Kitchener
Bullseye wrote:
Jun 24th, 2018 7:07 pm
Just have another kid! lol

Keep in mind that RRSP contributions will boost your CCB payments as well.
This is the best option (having more children) to increase your CCB payment. Very good advice...(just as long as the government doesn't scale back once Trump's initiatives destroy the (or of they destroy the) economy)...
Well, I am not a crook.

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