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BC’s cost-of-living payouts going into bank accounts starting today

Families across the province including those in the north will have a little more money in their pockets this month.

Starting today (Friday), the first of three BC Family Benefit payments will be made.

The credit will provide an additional $350 from January to March for a family that has two children.

“With the rising cost of living due to global inflation and the day-to-day expenses that come with raising children, we know times are stressful,” said Katrine Conroy, Minister of Finance. “We’re here to help the parents who need it most with a little extra money to hopefully help take a bit of pressure off the family budget.”

Approximately three-quarters of families will receive the enhanced credit while 84% do obtain at least an additional $50 per month, per child.

In September of 2022, the province introduced cost of living support due to rising inflation, and food and fuel prices.

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Brendan Pawliw
Brendan Pawliw
Since moving to Prince George in 2015, Brendan has covered local sports including the WHL’s Prince George Cougars, Prince George Spruce Kings, UNBC Timberwolves, Cariboo Cougars AAA, and Northern Capitals U18 female hockey teams. Career highlights include play-by-play during the Spruce Kings' BCHL championship runs in 2018 and 2019, including the Doyle Cup win. He also covered the 2019 National Junior A Championship, the 2017 Telus Cup, the 2022 World Women’s Curling Championship, and the 2022 BC Summer Games. Brendan is the news voice on 94.3 The Goat and Country 97 FM, reporting on crime, real estate, labour, and environmental issues. Outside of work, he officiates box lacrosse and fastball, sits on the Prince George Sports Hall of Fame board, and co-hosts the Hockey North podcast.

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