What is the Canada Child Benefit (CCB)?
December 2021 – 15 min read
If you have children under 18, you may qualify to receive the CCB.
You’ll need to make sure you meet the necessary criteria, and should apply as soon as you become eligible.
You could receive a maximum annual benefit of $6,833 per child to help with the cost of raising a family.
Do I have to pay back the CCB?
The only time you’d have to pay back the CCB is if the CRA determines that they have paid you too much. If this is the case, they’ll make you aware of how much was overpaid, and may claim this back through deductions from future CCB payments, a deduction from an income tax refund or from a GST/HST credit.
If you think you could be eligible, find out more about the criteria and see if you could apply to start receiving monthly payments.
This material is for information purposes only and shouldn’t be construed as providing legal or tax advice. Every effort has been made to ensure its accuracy, but errors and omissions are possible. All comments related to taxation are general in nature and are based on current Canadian tax legislation and interpretations for Canadian residents, which are subject to change. For individual circumstances, consult with your tax, legal or accounting professionals. This information is provided by The Canada Life Assurance Company and is current as of date of publication.