As February wraps up, it’s time for Canadians to start thinking about the government benefit payments they’ll receive in March 2025. Whether you’re budgeting for spring expenses or simply managing your monthly bills, these upcoming payments from the Canada Revenue Agency (CRA) and Service Canada could provide much-needed financial support.
From child benefits to pension payments, the CRA and Service Canada offer various benefits designed to help Canadians stay on top of their finances. Whether you’re a parent, senior, or veteran, there’s likely a benefit program that could provide relief in the coming month.
Table of Contents
In this breakdown, we will dive into the key government benefit payments arriving in March 2025, including eligibility criteria, how much you can expect to receive, and the dates when the payments will be deposited into your account.
1. Ontario Trillium Benefit (OTB)
If you’re residing in Ontario and facing expenses related to energy bills, property taxes, or sales taxes, the Ontario Trillium Benefit (OTB) can offer assistance. This monthly payment combines three credits:
- Ontario Energy and Property Tax Credit (OEPTC)
- Northern Ontario Energy Credit (NOEC)
- Ontario Sales Tax Credit (OSTC)
These credits aim to ease the financial burden of Ontarians, and while funded by the province, the CRA is responsible for issuing the payments.
Eligibility: You must have filed your 2023 income tax return, with those receiving $360 or less in annual benefits receiving the lump sum in July.
How much you can get:
- OEPTC: $104 for individuals aged 18-64 or $118.41 for those 65 and older.
- NOEC: $15 for singles or $23.08 for families.
- OSTC: $30 for each family member (including you, your spouse, and dependents).
Next payment date: March 10, 2025
2. Canada Child Benefit (CCB)
The Canada Child Benefit (CCB) is a monthly, tax-free payment designed to assist families with children. It helps offset the financial challenges of raising children, ensuring families can cover the cost of basic necessities.
Eligibility: To qualify, you must live with a child under 18, be their primary caregiver, and meet specific residency requirements (Canadian citizen, permanent resident, or eligible status).
How much you can get:
- Families with an adjusted net income of less than $36,502 in 2023 will receive the maximum amounts:
- $648.91 for each child under 6
- $547.50 for each child aged 6 to 17 As income increases, payments gradually reduce. You may also qualify for additional support through provincial or disability-related programs.
Next payment date: March 20, 2025
3. Old Age Security (OAS)
The Old Age Security (OAS) pension provides financial support to Canadians aged 65 and older, offering some relief to help manage the cost of daily life.
Eligibility: To qualify, you must be at least 65 and have lived in Canada for at least 10 years after turning 18 (or 20 years if living abroad). Many people are automatically enrolled, but if you don’t receive a letter from Service Canada around your 64th birthday, you may need to apply.
How much you can get:
- $727.67 per month for those aged 65-74
- $800.44 per month for those aged 75 and older OAS payments are reassessed every quarter to adjust for inflation, but no increase is expected for the March period. Payments automatically rise by 10% when you turn 75.
Next payment date: March 27, 2025
4. Canada Pension Plan (CPP)
The Canada Pension Plan (CPP) provides Canadians with monthly payments upon retirement, designed to replace part of your income when you’re no longer working. For residents of Quebec, the Quebec Pension Plan (QPP) offers similar benefits.
Eligibility: You must be at least 60 years old and have made at least one contribution to the CPP during your working years. Some credits may also be transferable between partners.
How much you can get: The maximum monthly payment for someone starting CPP at age 65 in January 2025 is $1,433, although the average amount is closer to $800. You can check your personalized estimate via your My Service Canada Account.
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Next payment date: March 27, 2025
5. Veteran Disability Pension
The Veteran Disability Pension offers monthly financial assistance to veterans living with disabilities linked to their military service. This benefit is available to Canadian Armed Forces veterans, including those who served in the Second World War or Korean War, as well as certain members of the Royal Canadian Mounted Police (RCMP).
Eligibility: Veterans must have a diagnosed condition linked to their service, and they may also qualify for additional financial assistance if they have dependents.
How much you can get: The amount varies depending on the severity of the disability. Veterans with the highest disability rating (Class 1) can receive up to $3,444.59 per month. Extra payments are available for spouses and children.
Next payment date: March 27, 2025
March 2025 Government Benefit Payments
The government benefit payments coming in March 2025 could provide valuable financial assistance to various groups, including families, seniors, and veterans. Whether you’re receiving the Ontario Trillium Benefit, Canada Child Benefit, Old Age Security, Canada Pension Plan, or Veteran Disability Pension, these payments are designed to help you manage daily expenses.
Important dates to remember:
- Ontario Trillium Benefit: March 10, 2025
- Canada Child Benefit: March 20, 2025
- Old Age Security & Canada Pension Plan: March 27, 2025
- Veteran Disability Pension: March 27, 2025
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