The Canada Child Benefit pays monthly around the 20th, with 3 shifted dates in 2026 including the early December 11 payment. Here's the official schedule, the new July amounts, and why your deposit says Canada FPT.
The next Canada Child Benefit payment arrives on Monday, July 20, 2026. It's the first payment of the new benefit year, calculated from your 2025 tax return with a 2% inflation increase, and it shows as Canada FPT at most banks.
The CRA pays the CCB 12 times in 2026, around the 20th of each month. Three dates shift: June 19 and September 18 for weekends, and December 11 as the early holiday payment.
| Month | Payment date | Day of week | Status |
|---|---|---|---|
| January | January 20, 2026 | Tuesday | Paid |
| February | February 20, 2026 | Friday | Paid |
| March | March 20, 2026 | Friday | Paid |
| April | April 20, 2026 | Monday | Paid |
| May | May 20, 2026 | Wednesday | Paid |
| June Moved up: 20th fell on Saturday | June 19, 2026 | Friday | Paid |
| July New benefit year, +2% increase | July 20, 2026 | Monday | Upcoming |
| August | August 20, 2026 | Thursday | Upcoming |
| September Moved up: 20th fell on Sunday | September 18, 2026 | Friday | Upcoming |
| October | October 20, 2026 | Tuesday | Upcoming |
| November | November 20, 2026 | Friday | Upcoming |
| December Early holiday payment | December 11, 2026 | Friday | Upcoming |
The July 2026 to June 2027 maximums are $8,157 per year for each child under 6 and $6,883 per year for each child 6 to 17, after the 2% inflation increase that starts with the July 20 payment.
| Child's age | Annual maximum | Monthly maximum |
|---|---|---|
| Under 6 | $8,157 | $679.75 |
| 6 to 17 | $6,883 | $573.58 |
The amount is income-tested per family, not per parent, and it's recalculated every July from the previous year's return. Those maximums aren't a promise of what your family receives; they're the published ceiling, and the CRA's calculation from your 2025 income is the real number.
Every July the CCB recalculates from a fresh tax return, so July 20, 2026 is the first payment based on your 2025 income instead of 2024. A raise in 2025 shrinks this month's deposit; a lower income grows it. Add the 2% indexation and nearly every family sees a different number in July than they saw in June.
A missing July payment almost always means an unfiled 2025 return, and both parents need to file, even a spouse with zero income. The CRA can't calculate a family amount from half a household, so one missing return pauses the whole benefit until it's assessed, with the missed months paid retroactively afterwards.
The same July reset hits the Groceries and Essentials Benefit and the Ontario Trillium Benefit, which is why our master calendar flags July as the month to double-check every deposit.
Banks label CRA family credits with the shared Canada FPT code, so your statement never says "child benefit" anywhere. A monthly FPT deposit around the 20th is the CCB; the quarterly one near the 5th is the Groceries and Essentials Benefit. Same label, different programs.
Decode the Canada FPT labelThe CRA asks you to wait 5 working days after the payment date before calling about a missing CCB deposit. Direct deposits post overnight and show by early morning, so a gap of hours isn't a signal; a gap of days is.
Three causes cover nearly every case: an unfiled return from either parent, stale banking details after an account switch, or a custody change the CRA processed that split or moved the payment. All three show up in CRA My Account before they show up as a missing deposit, and the fix there applies to the next payment date.
The schedule comes from the CRA's official Canada Child Benefit payment dates page, and amounts from the published 2026-27 benefit year figures. Last verified July 8, 2026, re-checked quarterly, corrected within 24 hours when anything changes.