Canadian families with children under 18 can expect a hefty cheque to arrive in their mailboxes or bank accounts – all thanks to the government’s Universal Child Care Benefit (UCCB).
The UCCB is a taxable benefit “designed to help Canadian families, as they try to balance work and family life, by supporting their child care choices through direct financial support,” according to the Government of Canada’s website.
Families with children aged five and under will now receive an additional $60 per child, bringing their monthly government cheque to $160 per kid. And the benefit will be expanded to include children aged 6-17, providing parents with $60 per child per month for that age range.
Are you a parent that would be benefiting from this? Good idea or not? Do you begrudge those receiving this benefit?