More tax-free money for parents is on the way this month from the federal government.
Prime Minister Justin Trudeau has announced the Canada Child Benefit for May will have an extra $300 per child.
That means for families with two kids that means an extra $600 and for three kids an extra $900 and so on.
The Canada Child Benefit is administered by the Canada Revenue Agency and is a tax-free monthly payment eligible to families with children under the age of 18.
He also said he knows Canadians may be feeling overwhelmed so the government is investing over $240 million to bring healthcare online with new virtual platforms for mental health and for primary care.
Trudeau says the government will also be investing over $175 million to support a Canadian company (Abcellera) in its research in identifying antibodies that could be used in drugs to treat the virus, with human trials beginning as early as July.
Families are feeling the social and economic impacts of #COVID19 in their everyday lives. Today, Prime Minister Justin Trudeau highlighted that families receiving the Canada Child Benefit will get $300 extra per child in May to help them deal with added pressures. pic.twitter.com/WWWkk1qqkc
— Prime Minister of Canada (@CanadianPM) May 3, 2020
Today the #GoC announced the creation of the #COVID19 Supply Council. This diverse group of leaders will provide advice to government on the procurement of critical goods and services needed for Canada’s COVID-19 response and recovery.https://t.co/ecFe8dkrZ9
— Public Services and Procurement Canada (@PSPC_SPAC) May 3, 2020