During the election campaign, we committed to helping Canadian families with the cost of raising their children. Today, families in New Brunswick and across the country are witnessing our government respecting this commitment as they begin receiving the Canada Child Benefit.
The Canada Child Benefit will help 9 out of every 10 Canadian families, with up to $6,400 per year for low-income families. It will help lift 300,000 children out of poverty across the country through a single, monthly, tax-free payment. For New Brunswick families alone, this represents a total of over $200 million over the next year.
This was an important commitment on the part of our government and I am happy to say that we have delivered.