As Canadians face rising living costs, the Canada Revenue Agency (CRA) is stepping up with a new round of benefit payments in January 2025.
These payments aim to provide much-needed financial relief for eligible residents, newcomers, and temporary workers.
In this guide, we’ll cover the five major CRA benefit payments, including eligibility criteria, payment amounts, and key dates. Read on to ensure you’re prepared to maximize your financial support in the new year.
1. Canada Child Benefit (CCB)
The Canada Child Benefit is a tax-free monthly payment designed to help families with children under 18 manage child-rearing expenses.
Eligibility
- Must be a Canadian resident or temporary resident with at least 18 months of residency.
- Newcomers must apply after settling in Canada.
Payment Amounts
- Up to $7,786.92 annually ($648.91 monthly) per child under six.
- Up to $6,570 annually ($547.50 monthly) per child aged 6–17.
- Payments reduce as Adjusted Family Net Income (AFNI) exceeds $36,502.
Next Payment Dates
- January 20, 2025
- February 19, 2025
- March 18, 2025
How to Apply
- Use the CRA My Account portal or submit Form RC66 by mail.
2. GST/HST Credit
The GST/HST Credit offers quarterly, tax-free payments to help low- and moderate-income families cover GST/HST expenses.
Eligibility
- Canadian residents, including temporary residents, qualify automatically by filing taxes.
Payment Amounts
- Up to $519 annually for individuals.
- Up to $680 annually for couples.
- An additional $179 per child under 19.
Next Payment Dates
- January 3, 2025
- April 4, 2025
- July 5, 2025
3. Advanced Canada Workers Benefit (ACWB)
The ACWB provides refundable tax credits to encourage workforce participation among low-income individuals and families.
Eligibility
- Canadian residents aged 19+ or those living with a spouse or child.
- Income thresholds depend on province and family size.
Payment Amounts
- Up to $1,518 annually for singles.
- Up to $2,616 annually for families, paid quarterly.
Next Payment Dates
- January 10, 2025
- April 11, 2025
- July 12, 2025
How to Apply
- Filing taxes automatically determines eligibility.
4. Canada Carbon Rebate (CCR)
The Canada Carbon Rebate (CCR) offsets costs from federal pollution pricing and supports families adopting eco-friendly practices.
Eligibility
- Available to residents in provinces under federal pollution pricing (e.g., Alberta, Saskatchewan, Manitoba, Ontario).
- Additional rebates for rural or small communities.
Payment Amounts
- Alberta families: Up to $1,544 annually.
- Ontario families: Up to $976 annually.
Next Payment Dates
- January 15, 2025
- April 15, 2025
- July 15, 2025
- October 15, 2025
5. Ontario Trillium Benefit (OTB)
The Ontario Trillium Benefit combines three credits—Ontario Energy and Property Tax Credit, Ontario Sales Tax Credit, and Northern Ontario Energy Credit—to assist low- and moderate-income residents.
Eligibility
- Must reside in Ontario and have filed a 2023 tax return.
- Temporary residents with valid permits may also qualify.
Payment Amounts
- Payments vary based on income and family size, up to $1,013 annually.
Next Payment Date
- January 10, 2025
Payment Options
- Choose monthly payments or a lump sum.
| Benefit | Next Payment Date | Annual Maximum | Eligibility |
|---|---|---|---|
| Canada Child Benefit (CCB) | January 20, 2025 | Up to $7,786.92 per child | Families with children under 18 |
| GST/HST Credit | January 3, 2025 | Up to $680 per couple | Low- to moderate-income households |
| Advanced Canada Workers Benefit | January 10, 2025 | Up to $2,616 per family | Low-income individuals and families |
| Canada Carbon Rebate (CCR) | January 15, 2025 | Up to $1,544 per family | Residents of pollution-priced provinces |
| Ontario Trillium Benefit (OTB) | January 10, 2025 | Up to $1,013 | Ontario residents |
Eligibility for Temporary Residents and Newcomers
Temporary residents, such as international students and work permit holders, can qualify for CRA benefits if they meet residency and income requirements.
Steps to Apply
- Create a CRA My Account: Essential for managing benefits.
- File Taxes: Ensures benefit eligibility even without income.
- Submit Required Forms: For example, Form RC66 for the CCB.
- Provide Proof of Residency: Documents like rental agreements establish eligibility.
January 2025 is set to bring significant financial relief through CRA benefits. Whether you’re a long-time resident or a newcomer, understanding these programs and their eligibility criteria can ensure you maximize the support available.
Who qualifies for the Canada Child Benefit (CCB)?
Canadian residents or temporary residents with children under 18 and meeting income criteria are eligible.
Do I need to apply for the GST/HST Credit?
No, the GST/HST Credit is automatically calculated when you file your taxes.
How do I apply for the Advanced Canada Workers Benefit (ACWB)?
Eligibility is determined when you file your taxes; no separate application is required.
