Ontario Child Benefit Estimate
Reviewing benefits for a Single Parent (2 Children) with a net income of $70,000.
Estimated Monthly Support
$1,047 /mo
~$12,558 per year (Tax-Free)
Household Profile
Children
1
Max Rate
1
2
Max Rate
3
Estimated Annual Benefit
$12,558 / yr
Your Result Explained
At an income of $70,000, your family falls into the eligible range for federal benefits. Based on a household income of $70,000, a Single Parent (2 Children) in Ontario qualifies for approximately $12,558 per year in government support. This , plus the Canada Carbon Rebate and the Ontario Child & Trillium.
Benefit Breakdown
- Canada Child Benefit (CCB): $11,605 / year
- Ontario Child & Trillium: $113 / year
- Tax Credits (GST + Carbon): $840 / year