Who Can Get The Canada Learning Bond (CLB)
You can get the $500 Canada Learning Bond:
If your child was born after December 31st, 2003,
AND
If you get the National Child Benefit Supplement as part of the Canada Child Tax Benefit
(sometimes called the family allowance or baby bonus payment). This usually applies to families whose
net family income is below $36,378.*
You can also get an extra $100 per year for up to 15 years, as long as you continue to receive the National Child Benefit Supplement.
Over time, the Canada Learning Bond could add up to $2,000 in grant money (plus interest) for your child’s education after high school.
*2008 figure, dollar amount updated every year.