RRSP and Canada Child Benefit
The Canada Child Benefit (CCB) is based on **family net income**.
RRSP contributions reduce taxable income, which can increase your CCB payments.
Example
- Family income: $80,000
- RRSP contribution: $10,000
- Adjusted income: $70,000
Lower income can increase CCB eligibility.
Sources & References
- Canada Revenue Agency. Canada child benefit overview. canada.ca. Accessed March 18, 2026.
- Canada Revenue Agency. Registered retirement savings plan (RRSP). canada.ca. Accessed March 18, 2026.
- Canada Revenue Agency. Line 20800 – RRSP deduction. canada.ca. Accessed March 18, 2026.