June 30, 2023
Increase in Nova Scotia Child Benefit
Excerpt: "The Nova Scotia Child Benefit is a tax-free payment to help eligible families with the cost of raising children under 18 years of age. Budget 2023-24 invests an additional $8 million in the benefit to help support families with incomes below $34,000. Families receiving the benefit will see: a $250 increase for the first child and each additional child for families earning less than $26,000; a $250 increase for the first child and $125 for each additional child for those earning between $26,000 and $33,999; In the last two years, the annual payment for families at the lowest income level has increased by $600 per child to $1,525."