The Government of Canada introduced a family tax cut including Universal Child Care Benefit, announced Oct 30, 2014 .
It is proposed to increase the Universal Child Care Benefit which was introduced in 2006, by providing up to $1,920 per year for each child under the age of 6, and introducing a new benefit of up to $720 per year for children aged 6 through 17.
These enhancements to the UCCB would replace the Child Tax Credit, starting in the 2015 tax year. Thus when the 2015 revision of Form TD1 is released, it will reflect that the Child Tax Credit has been replaced by the enhanced Universal Child Care Benefit.
Overall, new legislation would benefit families with children to receive UCCB for children up to the age of 17 regardless of family income.