A bigger and better child benefit: A $5,000 Canada Child Tax Benefit

Description:

In this report, the Caledon Institute proposes an expanded and redesigned Canada Child Tax Benefit that would boost federal child benefit payments to $5,000 for every child in low-income families, covering much of the basic cost of raising a child in a poor family and significantly reducing the extent of poverty. The $5,000 Canada Child Tax Benefit also would improve child benefits for the large majority of non-poor families, which have modest or middle incomes.