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Financing the Canada Child Benefit

Federal spending on benefits for families with children up more than 68% since 2014/15, financed entirely by deficits


Financing the Canada Child BenefitVancouver—Federal spending on benefits for eligible families with children through the Canada Child Benefit increased by 68.5 per cent from fiscal year 2014/15 to 2019/20—financed entirely by borrowing, finds a new essay released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “Today, parents receive cash transfers from Ottawa that the next generation, namely their own children, will pay for in the future,” said Jason Clemens, executive vice-president of the Fraser Institute and co-author of Financing the Canada Child Benefit, part two of an essay series on the Canada Child Benefit.
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