4 HUGE Child Benefits in Canada | Canada Child Benefit | Parental EI & Maternity EI | RESP
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- Опубликовано: 11 июл 2024
- #canadachildbenefit #RESP #CCB
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How much child care benefits do you receive when you have a newborn in Canada?
As we all know, raising a kid is not an easy task and this is especially true in a country with high cost of living like Canada.
Fortunately, our government gives a lot of benefits
to support for the next generation.
So, in this video, I’ll be talking about the different child benefits
that you can get from the Canadian government,
starting from being pregnant, to first 6 six years of parenting,
then sending the kids to post-secondary education.
0:00 intro
0:40 Maternity EI and Parental EI
3:00 Child Care Benefit, CCB
4:30 BC Affordable Child Care Benefit
5:40 Registered Education Savings Plan, RESP
6:40 Property Tax Deferment Program
Child Benefits in Canada:
www.canada.ca/en/revenue-agen...
Child Care Benefit Calculator:
www.canada.ca/en/revenue-agen...
Property Tax Deferment Program (BC only)
www2.gov.bc.ca/gov/content/ta...
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He understands the life stages and challenges that people are going through.
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What do you do with the Child benefits?
Food? Diapers? Education?
Comment below! 😃
Hi sir can I meet you or talk over the phone about child tax benefits
@@tryagain9652 hello!
You can email to
thomaschan@novellawealth.com
And see if we need to jump into a call after
Cheers!
And again singles (by higher taxation) will be the wage slaves of the life choices of parents to make children and raised with taxpayers money. Calculate the costs of kids education and kids that society has to pay, these kids will pay life long taxes to only repay those years until their university degree, and you will need way more people (migrants) to pay for the social security and pension ponzi scheme because the children alone will not be able to pay for it.
The nanni state ponzi scheme will collapse the day migration slows down and because of lower child births and especially because too many people receive too many additional "free" taxpayer paid goodies instead of only paying for basic universal healthcare and basic pensions.
Moral of the story, do not make children when you cannot afford them because we taxpayers are not there to pay for your life choices. Also families with 3 or more kids should pay the highest taxes because of their negative impact to climate change.
PS : We also pay for our hobbies, so please pay for yours (children).
@@THEREALZENFORCE hahaha good punch!
@@THEREALZENFORCEYou’re A big fool.. Who takes care of you at old people’s home or your home when you’re old, Dogs/cats i guess…
Thank you, that was very well explained and illustrated!
Thank you Arun!
Great information..Thank you so much for the clear explanation..
Thank you for your kind words Divya! Let me know what else you want to learn more
Hi Thomas ,thanks for the info and I subscribed to your channel, really informative🙂
Glad you like it Sreenath!
Thank you for this, this info helped me alot
You are very welcome Mark!
Great work Thomas, always back with great content 🎯☀️
glad you like it Jazz!
What other topics you like me to cover 😃
@@ThomasCChan I don’t even have children but I like how informative you are but I was hoping for stocks video can be about anything about them, but hope all is well take care and stay safe🙏🏼
@@jmiller3030 sounds like a plan! Will put that in my list!
Hi, i just found out i am pregnant, so, all this information is pretty good and clear, thanks for the video.
Congrats!
Thank you for this video
You are very welcome!
Nice information. Can you provide me what is the divorce mother benefits with child custody?
how about for 18-22yrs. old dependant child? once PR status can we get student loan or scholarship for our child ?
Hello sir, For temporary residents, do we receive a LUMP-SUM of the CCB from the date of landing (or) the start of the CBB will be from our 19th month?
good question, 1st is to get the baby's Sin number and count from there!
for detail, please check the CCB offical website
Hey..great video for first time parents in Canada.
However I think you didn't mention about UCCB, which is taxable too .
Hi Rajeev, thanks for the input.
UCCb was no longer there since 2016.
They move into CCB now.
That's why I didn't mention it.
@@ThomasCChan thanks for clarifying Thomas :).
@@rajeevjagasia you are welcome
Quick question:
If the father decides to take just 5 weeks and mother takes 61weeks leave, does the father receive 55% or 33% payment?
@@rajeevjagasia it should be 33% of than a year.
But please ask the service Canada for the offical answer.
Wonder if you can kindly do more video on how much savings is adequate for retirement?
Love to Tracey!
Let me put it down in the list.
(And incase you do not want to wait,
You are always welcome to reach me at thomaschan@novellawealth.com
For a complimentary consultation)
Best,
Hi Tracey, as per request! I made a video on how much you need to save for retirement. Do check them out!
Hi Thomas, is it possible to apply for Maternity benefits when outside Canada?
good question Joanne, it depends on your definition ''outside of Canada'' because if you are temp not in Canada due to work, vacation, school. That''s ok. however you are not to tie anything to Canada, then No,
Hi Tomas thank you for this information my question is I was out of Canada for more than ten years And I backed last month I have five children all are Canadian how long time to get CCB from applied?
I could be wrong. But first all five kids need to have the sin number first. Then I think you can start prepping for the application.
Hi Thomas, how do these benefits apply for parents who are separated but they have 50/50 split custody? Will the government look at revenues of both parents together or only the one who applies for the benefits?
Hi Herrson! Thank you for your question.
In situations involving divorcee,
The benefit will pay to the person who lives and take care of the child. Usually 8/10 will be the mother.
However, if everything is really 50/50
Then CRA will pay one parent for six months and the other parent the remaining six months.
And how the government calculated is depends on who has the custody. So in a 50/50 split. Then it's still both income together.
If it's 100% then it's that person's sole income that will be considered
Hi Thomas, Once we apply for ccb after completing birth registration whether ccb payments will be retro from date child is born? Example. Child is born in April, we completed birth registration in April in 30 days mentioned and completed birth certificate ,SIN formalities health card and applied for CCB. CCB processing time mentioned of 8 weeks ,so payments will start from date application gets completed i.e like may or june or with retro payments from month child is born once application gets completed. Just for my understanding.
Hi Sreenath,
This I am not entire sure. Base on the website. It said they can be backdate. .but it's more for people who file their tax late and etc. ..I think the same principle applies but please call to confirm!
@@ThomasCChan : Thank you so much Thomas for Swift reply, really appreciate it🙂
Hi Thomas, thank for your video.
I have a question regarding the time when a migrant child is eligible for CCB in Canada? Is it when the child arrive to Canada (proof of landing) or when child's parent become a resident of Canada for tax purpose (paying tax for 18 months)? For example, if a mother fulfills the requirement for tax paying by the end of 2020 and her child came in 2019, will she get the prorate CCB paying from 2019 or only from 2020? Thanks Thomas
Hi Ngan,
In order to qualify for the ccb,
All party parents and child need to first have sin and report tax
For details you can go to the canada.ca to find out!
Good luck!
@@ThomasCChan
Thanks Thomas for your prompt reply. Actually I have read through the website but still confused. That is the reason I go to RUclips finding more information.
I got my SIN and reported tax since July 2019, fulfilled the requirements for CCB as 18 months paying tax in end of 2020. My child came to Canada in Oct 19. Now if I apply for CCB, will I receive the lumsum from Oct 19 when the child came or only from end of 2020 when I officially became an Candian resident for tax purpose? Sorry to ask a long question but seriously I could not find out the answer somewhere else. Thanks so much
@@ngandiepthibao9876 sorry for this questions you have to call cra to confirm.
For this one I am not sure. I am leaning toward you will get future payment but not previous payment. But again I could be wrong.
@@ThomasCChan I guess so too. But I will call CRA to confirm. Thanks for your great support Thomas 👍
@@ngandiepthibao9876 Please let me know once you have a confirmed answer too!
Hey just to confirm : my due date is 14th march 2022 . So when should I apply for maternity + parental leaves?
Hi heena. You can start working on it a month before due. And also coordinate with the HR.
Congrats
Hi, is it possible to apply for maternity benefit while outside canada working from home for canadian company but stuck outside due to flight and have to gave birth outside
Hi manjot, i remember i saw somewhere that you can. But again you need to apply for your kid's SIN number first.
For details, you can check the canada.ca
hi THOMAS please tell me what to do , december 2019 i got lay off , i applay EI get to may 2020 , i don,t have job for fell month on saptember i got 3 week CERB ,service canada automatically from CERB to EI then after 2 time report my ei report disappeared can,t report again
do you think i qualified for ei or not , should i re apply for crb or what to do please let me know , thank thomas
Hi GD, can you kindly email me to
thomaschan@novellawealth.com.
There are more info needed in order to give suggestions!
Cheers!
I am single mother I have two son how much monthly benefit I can get
Hi im 16 , if i start working 5 times a week in the summer so i can get my first Iphone will child benefit end?
Hello It's your parents income that affect the CCB
what if the child migrated at the age of 4 yrs old. does the family still get the 4yrs of unpaid CCB?
Hi centaur it depends when the kid got the sin number and on ward
@@ThomasCChan we are migrating soon so just waiting for approval do they compute from 1st year to 4th or just start when we move there?
@@charlesmagno28 I believe year 4.
But please check with the offical
Hi, how does these benefits applies to parents who are separated
Hello. It still works. And also depends on the separated agreement
@@ThomasCChan hello.then how can I apply for because l don't live in Canada and am a single mother
@DeborahNakachwa hi I am sorry to hear that. But these benefits are for Canadian resident..
So you and the kids do have to live in Canada.
@@ThomasCChan okay.thank you for the information but is there any possibility to get a sponsorship for my kids
Hi sir im in canada for 18 months as a WP just filed PR and my commonlaw and kids came here last february 2023, then we file CCB this 0ct 2023, CRA said my commonlaw is the eligible applicant since we live in the same home, by the way mam the question is how many months of CCB payment we will receive? is this a lumpsum? since feb 2023 that the children have landed, will they start to present? pls answer thanks sir
If you ask me, child benifit is never enough. Specially when ur child is formula feed, Just never enough!
Some thinks that the more kids you get, the more benefits can be enjoyed. But that’s fake. Having Kids stressful, expensive & big responsibility. So limit with one child & enjoy the life. Work & get money.
😂
@@ThomasCChan Thankyou for the response 😀♥️
RUclips minivanjack
Our government. What a joke. We are the government
RUclips highimpactflix
That's why these westerners would never get rid of economic migrants with all these benefits🤣🤣🤣🤣