January 2025 is a busy month for benefit payments in Canada. Here’s a breakdown of what to expect and when the money should arrive in your bank account or by mail.
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Ontario Trillium Benefit (OTB)
The Ontario Trillium Benefit (OTB) is scheduled for issuance on January 10, 2025. If you’re eligible, the funds will likely be deposited into your bank account or arrive in the mail by that Friday or early the following week.
The OTB combines several credits to support eligible residents:
- Ontario Energy and Property Tax Credit (OEPTC)
- Northern Ontario Energy Credit (NOEC)
- Ontario Sales Tax Credit (OSTC)
Tip: Sign up for direct deposit to receive your payments faster.
To learn more about the OTB program and how it is calculated, visit the Canada Revenue Agency (CRA) website.
Other Federal and Provincial Benefit Payment Dates for January 2025
Here’s the complete schedule of federal and provincial benefit payments for eligible individuals this month:
- GST/HST Credit: January 3
- Ontario Trillium Benefit: January 10
- Canada Child Benefit (CCB): January 20
- Old Age Security (OAS): January 29
- Canada Pension Plan (CPP): January 29
- Veteran Disability Pension: January 30
- Ontario Disability Support Program (ODSP): January 31
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Top Government Benefits for Low Income Canadians in 2024
Plan Ahead for Your Benefits
January’s payment schedule ensures you have the support you need to manage your finances. If you haven’t already, consider enrolling in direct deposit to avoid potential delays with mail delivery.
Stay informed about benefit programs like the OTB and others by visiting their official websites or contacting the relevant agencies directly.
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