According to the B.C. Budget for 2019 the budget is introducing a new child benefit starting October 2020 that will provide families with:
- One child: up to $1,600 per year
- Two children: up to $2,600 per year
- Three children: up to $3,400 per year
to help with the child’s upbringing. Families consisting of a child under 18 years old earning up to $97,487 per year and those consisting of 2 children under 18 earning up to $114, 487, should qualify for the benefit.
For more information: https://news.gov.bc.ca/releases/2019FIN0019-000248