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Ottawa increases Canada Child Benefit

Families across Canada are getting a helping hand dealing with the rising cost of living.
Ottawa is increasing the Canada Child Benefit this year up to $6,997 for families with children under the age of six and $5,903 for children aged six through 17.
The amount received is based on a family’s net income reported on its tax return the previous year. 
The benefit is meant to support low to middle-income families and is tax-free.
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