1) Family tax cut (income splitting): up to $2000 maximum benefit
2) Universal child care benefit: as of 2015, increased from $100 monthly (or $1200 annually) to $160 monthly (or $1920 annually) for children 6 and under. A NEW monthly benefit of $60 is introduced for children aged 7 – 17.
3) Childcare expense deduction: increased by $1000 annually (total allowable amount depends on age and disability of child)
4) Children’s fitness tax credit: doubled from $500 to $1000 per child annually
MP Candice Bergen explains the changes here:
And in this video
Please note: There has been no change announced for the Canada Child Tax Benefit (CCTB), which provides monthly payments to eligible families.
See here for more information: