The annual benefit for each child up to child five is $6833 and the amount is $5765 for child six to 17. It is an increase of approximately $5 per child
The increase of the amount only amounts to a 1 percent increase compared to the previous year. This is inline with the inflation rate for Canada.
The total cost of the program across Canada is $27 billion this year. The amount is set to decrease next year after one-time Covid-19 payments increased the overall cost of the program.