8 CRA Benefit Payments Canadians Can Receive in January 2025

As 2025 approaches, Canadian residents will benefit from new government payments that provide financial support for a variety of needs. These payments, which include child care, retirement, and disability support, provide financial stability at the start of the new year.

Below is a detailed description of the benefits scheduled for January 2025, including eligibility, payment amounts, and dates.

1. GST/HST Credit

This is a tax-free benefit that helps low- and middle-income Canadians with GST/HST taxes.

Eligibility:

• You must be a Canadian resident.
• Applicants generally must be 19 years of age or older, but you may be eligible earlier if you are married, or have a child.

Payment amount:

• For single individuals: $129.75.
• For married or common-law partners: $170.
• An additional $44.75 for each child under 19.

Payment date:

• January 3, 2025.

2. Advanced Canada Workers Benefit (ACWB)

This benefit provides financial support in the form of a tax credit to low-income individuals and families.

Eligibility:

• Must be 19 years of age or older.
• Your annual income must be within provincial limits.

Payment amount:

• For persons: $1,518 yearly.
• For families: $2,616 yearly.
• Disability benefit: $784.
• For January 2025, persons will get up to $253 and families get up to $436.

Payment date:

• January 10, 2025.

3. Ontario Trillium Benefit (OTB)

Benefit that pays for reduced energy bills, property taxes, and sales taxes.

Eligibility:

• Have filed a 2023 income tax return.
• If the annual benefit is less than $360, then a lump sum payment would be received in July 2024.

Payment amount:

• OEPTC: $104 for ages 18-64 and $118.41 for 65+.
• NOEC: $15 for singles and $23.08 for families.
• OSTC: $30 per person.

Pay on

• January 10, 2025

4. Canadian Carbon Rebate (CCR)

• These rebates one can claim toward pollution pricing.
• For rural persons, up to 20 more can be claimed for those living and dwelling in non-urban settings.
• Eligible Provinces- includes Ontario- Residency here.
• Must be 19 years of age or older or a parent.

Payment amount:

• $140 for individuals in Ontario.
• $70 for the first child.
• $35 for each additional child.
• $336 for rural families of 4.

Due Date of Payment:

• January 15, 2025.

5. Canada Child Benefit (CCB)

It is a tax-free monthly benefit that reduces child care costs.

Applicants

• A person must reside with children less than 18 years old
• He or she must be a primary caregiver for the children.

Payment

• Under 6: $648.91 per child
• Between 6 and 17: $547.50 per child

Due Date of Payment:

January 20, 2025.

6. Old Age Security (OAS)

This retirement pension plan will provide financial assistance to those at 65 and older.

Eligibility:

• Have been a resident of Canada for at least 10 years since attaining the age of 18.
• Automatic enrollment normally happens, but if one does not receive any notice, an application has to be submitted.

Amount of payout:

• $727.67 per month for ages 65-74.
• $800.44 per month for ages 75+.

Date of payout:

• January 29, 2025.
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7. Canada Pension Plan (CPP)

This plan provides a lifetime income after retirement.

Eligibility:

• Must have reached age 60.
• Must have made at least one contribution during employment.

Payout amount:

Maximum $1,364.60 per month for those who begin benefits at age 65.

Payout date:

• January 29, 2025.

8. Veterans Disability Pension

This plan provides assistance to veterans with a disability related to military service.

Eligibility:

The disability must be related to military service.

Payout amount:

• Maximum $3,357.30 per month.
• Additional amount: $839.33 for partner, $436.45 for first child.

Payment date:

Usually the last week of the month.

Frequently asked questions (FAQs):

Can I receive multiple benefits at once?

Yes, you can receive multiple benefits at once depending on eligibility.

How to apply for these payments?

Most benefits are automatically assessed based on your tax return.

Are these payments taxable?

GST/HST, CCB and CCR are tax-free, while CPP and OAS are taxable.