If you are a resident of Ontario and have children, you may be eligible for the Child Benefit Ontario 2024, which is designed to assist with the expenses associated with nurturing and bringing up children. In this post, I will discuss the Child Benefit Ontario 2024 payment dates for families who are eligible for the program, as well as the eligibility conditions and maximum amount for the Child Benefit Ontario 2024 program.
It is commonly referred to as a child tax benefit, even though the Ontario Child Benefit (OCB) is a monthly payment that is exempt from taxation and is intended to assist parents with the costs associated with having children. Depending on whether or not your family is eligible for the OCB, the amount of your payment may have risen this month.
In contrast to the period beginning in 2024, families may be eligible to receive an additional CAD 440 for each kid under the age of six and CAD 372 for each child between the ages of six and seventeen,
according to the recalculation that was performed this year. Because of recalculations that took inflation into account, the Ontario Child Benefit (OCB) has been enhanced for families who are eligible for it. This year, the maximum benefit levels for families with low incomes will increase by hundreds of Canadian dollars compared to the previous benefit year.
Ontario Child Benefit 2024
There is a non-taxable monthly payment that is known as the Canada Child Benefit and, therefore, the Ontario Child Benefit. The Canada Revenue Agency provides this payment to families who are qualified and have children who are under the age of 18. The objective of the OCB is to assist families with low incomes and middle-class incomes in covering the expenses of raising children. The OCB has been linked to fluctuations in inflation ever since it was first introduced in 2016.
The Child Disability Benefit, which is sometimes referred to as the OCB, may be included in the payments that the OCB makes. Additionally, several provinces and territories provide additional assistance. The Ontario Child Benefit (OCB) is a program that provides financial assistance to families to help them with any expenditures that may arise as a result of raising their children.
It is administered by the Canada Revenue Agency (CRA) and offers a monthly benefit that is exempt from taxation to families with low to moderate incomes. I have included information regarding the Ontario Child Benefit 2024 Amount below for your perusal.
Overview of Ontario Child Benefit 2024
| Name of Scheme | Ontario Child Benefit (OCB) |
| Province | Ontario |
| Name of Organization | Canada Revenue Agency |
| Beneficiaries | Eligible Ontario families |
| Category | Government Aid |
| Official Website | www.canada.ca |
| Payment Period | July 2023 to June 2024 |
How much is the OCB per month in 2024?
For families with an annual income of less than CAD 34,860, the maximum amount that may be granted to children under the age of six is CAD 7,437 (which is equivalent to CAD 619.75 per month).
Families who fall into the same income category as the kid are entitled to receive up to CAD 6,275 (CAD 522.91 per month) per child on an annual basis. This benefit is available to children aged 6 to 17. In the case that your family’s adjusted net income is more than CAD 34,865, these amounts will be reduced.
Eligibility Criteria
You or your spouse or common-law partner are considered to be one of the following if you are a person or a couple living with a child who is under the age of 18, principally responsible for the child’s care and upbringing, and a resident of Canada for taxation:
Either a permanent resident or a citizen of Ontario
Protected person or body
Individuals who have lived in Canada for the last 18 months and who are considered to be temporary residents with a valid permit in the 19th month unless the permit specifically states that it “does not confer status” or “does not confer temporary resident status.”
Any individual who satisfies the prerequisites to register by the Indian Act Ontario OCB Compensation Dates 2024
Ontario OCB Payment Dates’ Details 2024
A monthly payment is provided to residents of Ontario who are eligible for the Ontario Child Benefit. The following is a list of the dates that are available for the Ontario Child Benefit in 2024:
| Month | Ontario OCB Dates |
| January OCB | January 20, 2023 |
| February OCB | February 20, 2023 |
| March OCB | March 20, 2023 |
| April OCB | April 20, 2023 |
| May OCB | May 19, 2023 |
| June OCB | June 20, 2023 |
| July OCB | July 20, 2023 |
| August OCB | August 18, 2023 |
| September OCB | September 20, 2023 |
| October OCB | October 20, 2023 |
| November OCB | November 20, 2023 |
| December OCB | December 13, 2023 |
The Ontario (Canada) Child Benefit 2024 will provide recipients with over 7,500 Canadian dollars.
In the fiscal year 2023–2024, families who are eligible for the Ontario Child Benefit (OCB) would receive an increase of roughly 7,500 Canadian dollars for each child under the age of six. This is a large increase in comparison to the previous year. The Child Benefit 2024 in Ontario (Canada) has been increased by the plan, as stated in the official announcement. There has been a 6.3% increase in the amount of money that families in Ontario get since July 20. The next payment date for the Canada Child Benefit is set for November 2024, so make sure you are prepared to receive the payment.
Except for December, when the benefit is paid on the thirteenth of that month, the OCB is paid on the twentieth day of every period. The next payment date for the Canada Child Benefit 2024 is the 20th of November 2024. It was decided by the federal government to index the OCB to ensure that benefits can keep pace with growing inflation. In combination with the alterations that are made to a family’s net income, these adjustments are calculated monthly in July.
Canada Child Benefit Phone Number
You may get in touch with the Canada Child Benefit by dialling 1-800-387-1193 if you are a resident of Canada who goes outside of Alberta.
They may be reached at 1-800-959-2809 by residents of Alberta.
The telephone number to call for residents of Ontario is 1-800-387-1193.
The Yukon, Northwest Territories, and Nunavut may be reached by dialling 1-866-426-1527.
Residents of Canada may reach these numbers between the hours of 8 a.m. and 8 p.m. (local time) Monday through Friday and between 9 a.m. and 5 p.m. (local time) on Saturday nights.
Conclusion
Through the provision of financial assistance that assists in ensuring that children have access to critical requirements, the Ontario Child Benefit 2024 continues to play an important role in providing emotional and financial support to families throughout the province. By supplementing the Canada Child Benefit (CCB), which is a federal program, the Ontario Child Benefit (OCB) provides targeted aid to homes with low and moderate incomes.
For parents to make the most of this significant program, they are strongly urged to be educated on the dates of payment, the amount of benefits, and the criteria for qualifying. Families in Ontario have access to a large financial cushion via the Ontario Child Benefit (OCB), which makes it simpler for them to manage their day-to-day expenditures in light of the growing cost of living.
Additionally, the simplified application procedure and automatic enrollment via the CCB guarantee that families who are qualified for the benefit can use it without encountering any needless obstacles.
The commitment of the government to routinely assess and alter the benefit ensures that it continues to be relevant and responsive to changes in the economy. As a result, it serves as a crucial lifeline for families in Ontario who are raising children.