All the Numbers

Prince Edward Island benefits

From the All the Numbers wiki · Retirement and benefits

CRA pays them on family net income from the base year (as for the Canada Child Benefit).

PEI Child Benefit

$34.16 a month for each child under 18 when family income is under $45,000, and $24.16 from there up to $80,000; nothing above. A parent with shared custody gets half for that child. It comes with the CCB each month.[1]

What it does not do

The Sales Tax Credit, which becomes the Island Essentials Benefit in November 2026, is not modelled: its new formula was not published when the rules were read. See income tax in Prince Edward Island.

See also

  • Canada Child Benefit · A monthly tax-free payment for each child under 18, paid to the person who cares for them and reduced as family income rises above about $38,000. The engine can calculate it; the planner does not ask about children, so plans do not include it.
  • Income tax in Prince Edward Island · Prince Edward Island taxes income in five brackets from 9.5% to 19%, indexes none of its amounts, and reduces the tax of lower-income families.

References

  1. ↑CRA (July 2026 to June 2027): "$34.16 per month for each child under 18 years of age if your adjusted family net income is less than $45,000"; "$24.16 per month for each child under 18 years of age if your adjusted family net income is between $45,000 and $80,000"; "If your adjusted family net income is greater than $80,000, the amount is reduced to zero"; ITA (PE) s.36.3.1(3): a shared-custody parent gets "1/2 × (A + B)" · Prince Edward Island Child Benefit: a monthly amount for each child under 18, by family income band; paid with the CCB · See the source · effective 2026-07-01