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A bonus payment as part of the B.C. family benefit program will be returning to regular values next month, meaning June is the last month to get the bonus amount.
According to the B.C. government, the bonus payout ran from July 2024 through to June 2025.
The bonus was part of the B.C. family benefit, which provides a tax-free monthly payment to families with children under 18 years of age.
According to the province, for the 2024 tax year, the maximum annual benefit parents can receive, including the bonus payment, is $2,188 for their first child, $1,375 for their second child, and $1,125 for each additional child. These amounts are adjusted based on net income for the 2023 tax year.
You’ll receive the maximum annual benefit if you have an adjusted family income of less than $35,902 for the 2023 tax year.
If your income is between $35,902 and $114,887, or over $114,887, you’ll receive a reduced amount of $969 for your first child, $937 for your second child and $906 for each additional child.
For families making over $114,887, “amounts are reduced by 4 per cent of the portion of adjusted family net income over $114,887 until they are reduced to zero,” B.C. says.
As mentioned, with only two weeks left in June, the payments will return to their regular values in July. If your child is registered for the Canada Child Benefit, there’s no action required on your part. If not, you need to apply.
In July, the amounts are reduced quite heavily, as noted by the Canadian government.
The Canada website states that for July 2025 to June 2026, you may be entitled to receive the following amounts:
- $145.83 per month for the first child;
- $41.66 per month for the first child as a single-parent family;
- $91.66 per month for the second child; and
- $75 per month for each additional child.
You can see the full adjusted amounts for July on the Canadian government website.
The provincial government also has a tool to help you calculate your family’s net income.
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