Ontario Child Benefit Calculator 2018

The Ontario Child Benefit (OCB) was a monthly payment provided to eligible families in Ontario, Canada. This calculator helps you determine your 2018 Ontario Child Benefit based on your family's income and the number of children in your household.

How to Use This Calculator

To calculate your 2018 Ontario Child Benefit:

Enter your total family income for 2018 in the "Family Income" field.
Select the number of children in your household from the dropdown menu.
Click the "Calculate" button to see your estimated Ontario Child Benefit.

The calculator will display your monthly benefit amount and the total annual benefit for the year.

Formula Used

The 2018 Ontario Child Benefit was calculated using the following formula:

Ontario Child Benefit = Base Benefit × Number of Children Base Benefit = Maximum Benefit - (Income Reduction Rate × (Family Income - Income Threshold))

Where:

Maximum Benefit = $2,187 per child per year
Income Reduction Rate = 15% of the maximum benefit
Income Threshold = $42,243 for a family of two, $47,719 for a family of three, $53,195 for a family of four, and $58,671 for a family of five or more

The benefit is reduced by 15% for each $1 of family income above the income threshold.

Worked Example

Let's calculate the Ontario Child Benefit for a family with two children and a family income of $45,000.

Determine the income threshold: For a family of two, the threshold is $42,243.
Calculate the income above threshold: $45,000 - $42,243 = $2,757
Calculate the income reduction: 15% of $2,187 × 2 = $656.10
Calculate the base benefit: $2,187 × 2 - $656.10 = $3,620.90
Calculate the monthly benefit: $3,620.90 / 12 = $301.74

For this family, the estimated 2018 Ontario Child Benefit would be $301.74 per month.

Frequently Asked Questions

What was the maximum Ontario Child Benefit in 2018?

The maximum Ontario Child Benefit in 2018 was $2,187 per child per year, or $182.25 per month per child for families below the income threshold.

How was the Ontario Child Benefit calculated in 2018?

The 2018 Ontario Child Benefit was calculated using a sliding scale based on family income. The benefit decreased by 15% for each dollar of family income above the income threshold.

Who was eligible for the Ontario Child Benefit in 2018?

Eligible families included those with children under 18 years old, who were Canadian residents and met the income requirements. Single parents and families with multiple children were also eligible.

Was the Ontario Child Benefit means-tested in 2018?

Yes, the Ontario Child Benefit was means-tested in 2018. Families with incomes above the threshold received a reduced benefit.