Adult Financial Literacy Guide | Page 28

Benefit Programs B.C. Family Bonus (BCFB) This program provides non-taxable amounts paid monthly to help low- and modest- income families with the cost of raising children under 18 years of age. The amount is combined with the Canada Child Benefit into a single monthly payment. It is calculated based on the number of children you have and your adjusted family net income. FreeImages.com-Melbia For more information on the CCB, or any of the individual payments, please contact Canada Revenue Agency at 1-800-387-1193. How do I apply for the B.C. Family Bonus? There is no need to apply separately. The Canada Revenue Agency (CRA) will use the information from your Canada child benefits application to determine your eligibility. If you are eligible, the amount of any payments will be calculated automatically based on information from your income tax return. 28