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Carter’s Inc. manufactures apparel for babies and small children. (Thinkstock)
Carter’s Inc. manufactures apparel for babies and small children. (Thinkstock)

Drawing Conclusions

How much will parents get under the proposed child benefit program? Add to ...

The new federal Liberal government has proposed a new Canada Child Benefit benefit to replace a more complicated system of three separate programs. The one program would depend on your income - the less you earn, the more you get, and vice-versa - and the payments are non-taxable.

In this video, Preet Banerjee works through the math of how the new program will calculate your benefits, depending on how many kids you have and how much you earn.

What you need to know about the new Canada Child Benefit program (The Globe and Mail)
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Follow on Twitter: @preetbanerjee

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