Find the money your family is owed

For payments from July 2026 to June 2027, the maximum is $8,157 a year ($679.75 a month) for each child under 6, and $6,883 a year ($573.58 a month) for each child aged 6 to 17. Families with a 2025 adjusted family net income of $38,237 or less get the full amount. Above that, the benefit is reduced based on income and the number of children.

Standard parental benefits pay 55% of your average weekly earnings, up to $729 a week, for up to 40 weeks shared between parents (one parent can take at most 35). Extended parental benefits pay 33%, up to $437 a week, for up to 69 weeks shared (at most 61 for one parent). Birth parents can also get up to 15 weeks of maternity benefits at 55%. EI counts earnings up to $68,900 a year in 2026. These rules apply outside Quebec, which has its own plan (QPIP).

Both pay about the same total amount of EI. Extended spreads it over more weeks at a lower weekly rate, so it suits families who want more time at home and can manage on less each week. Standard pays more per week over a shorter leave. The choice can't be changed once benefits start, so compare both in the planner first.

The Canada Education Savings Grant adds 20% on the first $2,500 you contribute each year, which is $500 a year per child, up to $7,200 per child in total. Unused grant room carries forward, so you can catch up by contributing up to $5,000 in a year for up to $1,000 in grants. In 2026, families with income up to $58,523 get an extra 20% on the first $500 contributed each year, and families with income up to $117,045 get an extra 10%. Lower-income families may also get the Canada Learning Bond, up to $2,000 per child with no contribution needed.

No. Toque Money is an independent site. The calculators use the published figures from Canada.ca, but your actual amounts are set by the CRA and Service Canada based on your tax returns and applications.