Federal Spending on Benefits Through CCB Increased by 68.5 Percent in Five Years: Fraser Institute

Prime Minister Justin Trudeau sits down to speak with families about the Canada Child Benefit during a visit to the Surrey Sport and Leisure Complex, in Surrey, B.C., on July 13, 2019. The Canadian Press/Darryl Dyck

Federal spending on benefits for eligible families with children through the Canada Child Benefit (CCB) increased by 68.5 percent in five years and was financed entirely by borrowing, says a new essay from the Fraser Institute public policy think tank.

The essay looked at the fiscal years from 2014/15 to 2019/20 to examine the extent to which current versus future taxes are being used to finance the expanded CCB.