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Canada Child Benefit: August Payments Drop, Full 2026 Schedule
August CCB payments landed Thursday as the new benefit year's recalculation hit families. Here is the full 2026 schedule and what changed.
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The Canada Revenue Agency sent out the August Canada Child Benefit payment on Thursday, a day early because the 20th fell on a Saturday. The amount many families received was lower than in July.
Each July, the CRA recalculates CCB payments based on the previous year's adjusted family net income. The 2026–2027 benefit year started with a 2% inflation adjustment, pushing the maximum annual benefit to $8,157 per child under age 6 ($679.75 a month) and $6,883 for children aged 6 to 17 ($573.58 a month). The reduction some families saw this month reflects the recalculation using 2025 income data, not a cut to the program itself.
“The Canada Child Benefit is meant to indirectly help cover the costs of raising a family for parents whose incomes are below the applicable thresholds,” said Jason Heath, a Certified Financial Planner at Objective Financial Partners Inc. in Toronto and a MoneySense columnist. “The more kids you have, the higher your benefit entitlement, and the higher the income means-testing limit will be for you. Best of all, it is a tax-free benefit, so you do not report the income on your tax return.”
Payments normally go out on the 20th of each month. The next deposit is scheduled for September 19, a day early because the 20th is a Sunday. The full 2026 schedule runs through December, with October 20, November 20 and December 18 (again a day early for the weekend) as the remaining dates.