The new year is here, and with it comes a calendar full of financial relief programs from the Canada Revenue Agency (CRA). From monthly child benefits to quarterly tax credits and retirement pensions, these government payments can make a significant difference in your financial planning for 2025.
Table of Contents
Monthly and Quarterly CRA Benefits
Canada Child Benefit (CCB)
The Canada Child Benefit is a tax-free monthly payment aimed at helping families with the cost of raising children.
- Eligibility: You must live with and be the primary caregiver for a child under 18. Either you or your partner must meet residency requirements.
- Payment Amounts: Up to $7,787 annually for children under 6 and $6,570 for children aged 6 to 17 for the July 2024 to June 2025 payment year. These amounts will increase in July 2025.
- 2025 Payment Dates: January 20, February 20, March 20, April 17, and monthly thereafter.
GST/HST Credit
The GST/HST Credit is a tax-free quarterly payment designed to help individuals and families with low to modest incomes recover some of the GST or HST they’ve paid.
- Eligibility: Must be at least 19 years old (or meet specific family-related criteria) and a Canadian resident for tax purposes.
- Payment Amounts: Up to $519 for singles and $680 for couples, plus $179 per child for the July 2024 to June 2025 period. These amounts will increase in July 2025.
- 2025 Payment Dates: January 3, April 4, July 4, October 3.
Advanced Canada Workers Benefit (ACWB)
The ACWB is a refundable tax credit provided to low-income workers, with advance payments available.
- Eligibility: Must have worked and earned an income below the provincial or territorial threshold.
- Payment Amounts: Up to $1,518 for singles and $2,616 for families, with additional disability supplements. These amounts will increase for payments starting in July 2025.
- 2025 Payment Dates: January 10, July 11, October 10.
Canada Carbon Rebate (CCR)
The CCR, formerly the Climate Action Incentive Payment, is a tax-free quarterly payment to help Canadians offset the cost of pollution pricing.
- Eligibility: Must reside in specific provinces and meet age or family-related criteria.
- Payment Amounts: Varies by province. For instance, Ontario residents can receive up to $700 (single) or $840 (couple), plus $140 per child. Additional supplements are available for rural residents.
- 2025 Payment Dates: January 15, April 15, July 15, October 15.
Provincial and Territorial Benefits
Alberta Child and Family Benefit (ACFB)
The ACFB supports low- and middle-income families in Alberta with children under 18.
- Eligibility: Alberta residents with at least one child under 18 and a family income under $45,285 for the base benefit.
- Payment Amounts: Up to $2,221 for one child and $5,656 for four or more children for the July 2024 to June 2025 payment year. Adjustments expected in July 2025.
- 2025 Payment Dates: February 27, May 27, August 27, November 27.
Ontario Trillium Benefit (OTB)
The OTB helps Ontario residents manage the cost of energy, property taxes, and sales taxes.
- Eligibility: Must qualify for at least one of the three credits included in the OTB: Northern Ontario Energy Credit, Ontario Energy and Property Tax Credit, or Ontario Sales Tax Credit.
- Payment Amounts: Maximum amounts vary by credit. For example, up to $1,248 for the Ontario Energy and Property Tax Credit for those aged 18–64.
- 2025 Payment Dates: Monthly from January 10 to December 10.
How Much is CPP going up in 2025?
How Much is the Next GST/HST Payment in 2025?
$680 CRA Payment Coming Soon in Jan 2025: Are You Eligible for the this Credit?
Retirement and Disability Benefits
Canada Pension Plan (CPP)
The CPP provides a monthly pension to help replace your income when you retire.
- Eligibility: Must be at least 60 years old and have made at least one contribution based on work in Canada.
- Payment Amounts: Maximum monthly payment at age 65 is $1,364.60. Payments increase annually based on the Consumer Price Index.
- 2025 Payment Dates: January 29, February 26, March 27, and monthly thereafter.
Old Age Security (OAS)
The OAS pension supports Canadians aged 65 or older.
- Eligibility: Must have lived in Canada for at least 10 years after turning 18.
- Payment Amounts: Maximum monthly payment is $727.67 for those aged 65–74 and $800.44 for those 75 and older. Supplemental benefits are available based on income and marital status.
- 2025 Payment Dates: January 29, February 26, March 27, and monthly thereafter.
Veteran Disability Pension
The Veteran Disability Pension provides monthly benefits for veterans with service-related disabilities.
- Eligibility: Must be an eligible veteran with a diagnosed medical condition linked to military service.
- Payment Amounts: Up to $3,357.30 for maximum disability, plus additional amounts for dependents.
- 2025 Payment Dates: January 30, February 27, March 28, and monthly thereafter.
Why isn’t there any relief for low income and on disability benefits and wishing this would change and about the housing subsidy being reduced and cpp increase 🤔 and sad and robbing the poor and less fortunate. This had 2 change. Quit robbing the poor and poverty 😢 😔 😪
I totally agree with you it’s not right to treat anyone like that yet they seem to think of them selves.
It’s been my attention that no GST or other income has not been sent by mail or deposit. I was counting on that for Groceries.