CCB Estimator

The Canada Child Benefit is tax-free monthly cash, but it phases out as your family net income rises. Most new parents look at the maximum payment table and assume they will get close to that. The phase-out often costs thousands per year before anyone notices.

Read What Is CCB? for how the two-tier phase-out works and why RRSP contributions can boost your benefit. TheBaby Cost Calculator projects first-year expenses alongside CCB, and theRRSP vs TFSA vs Unregistered calculator shows what you actually keep after tax in each account type.

RRSP contributions lower your family net income dollar-for-dollar and can increase CCB.

$506

Monthly CCB

$6,071

Annual CCB

$7,997

Maximum CCB

$1,926

Reduction

Annual CCB vs Family Income

Chart showing annual CCB from $0 to $250,000 family income. Your income is $65,000 with annual CCB of $6,071.

Annual CCB Your income

These calculators use hypothetical assumptions for illustration only — not a guarantee of future performance or personalized financial advice. Consult a qualified professional before making investment or tax decisions.