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Child benefit going up in July

Thursday, July 03, 2014   by: SooToday.com Staff

NEWS RELEASE

MINISTRY OF CHILDREN
AND YOUTH SERVICES

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Ontario Child Benefit to increase in July

Beginning July 2014, hundreds of thousands of Ontario families will receive another increase of up to $100 per child annually to their Ontario Child Benefit (OCB) payment.

As a result of the 2013 and 2014 increases, an estimated 90,000 additional children in 46,000 more families are eligible for the OCB for the first time.

With these increases, the benefit has more than doubled since 2008.

As part of Budget 2014, if passed, the province is proposing to tie the OCB to inflation starting July 2015, to help eligible families keep pace with the costs of raising children.

Increasing the OCB is part of Ontario's plan to break down barriers for low-income Ontarians and reduce poverty. Helping families raise healthy children also supports the government's economic plan that is creating jobs for today and tomorrow by focusing on Ontario's greatest strengths -- its people.

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