Canada CRA Benefits: February 2025 Payment Dates, Amounts & Eligibility

The Canada Revenue Agency (CRA) provides financial support to eligible individuals and families through various benefits and credits. For February 2025, several key payments are scheduled, including the Canada Child Benefit (CCB), Old Age Security (OAS), Guaranteed Income Supplement (GIS), Canada Pension Plan (CPP), and other support programs. Here’s a detailed breakdown of the upcoming payments, eligibility criteria, and expected amounts.

1. Canada Child Benefit (CCB)

• Payment Date: February 20, 2025
• Eligibility: Families with children under 18 years old. The benefit is income-tested, meaning lower-income families receive higher payments.
• Amount: The maximum annual benefit is $7,437 per child under 6 and $6,275 per child aged 6 to 17.
• More Information: Canada Child Benefit (CCB)

2. Old Age Security (OAS)

• Payment Date: February 26, 2025
• Eligibility: Canadians aged 65 and older who meet residency requirements.
• Amount: The maximum monthly payment is $727.67 for seniors aged 65 to 74 and $768.46 for those aged 75 and older.
• More Information: Old Age Security (OAS)

3. Guaranteed Income Supplement (GIS)

• Payment Date: February 26, 2025
• Eligibility: Low-income seniors who receive OAS.
• Amount: Up to $1,057.01 per month for single seniors and $636.26 per person for married or common-law partners.
• More Information: Guaranteed Income Supplement (GIS)

4. Canada Pension Plan (CPP)

• Payment Date: February 26, 2025
• Eligibility: Individuals who have contributed to CPP during their working years.
• Amount: The maximum monthly payment for new retirees is $1,364.60, though actual payments depend on individual contribution history.
• More Information: Canada Pension Plan (CPP)

5. Ontario Trillium Benefit (OTB)

• Payment Date: February 10, 2025
• Eligibility: Ontario residents who qualify for at least one of the following credits:
  • Ontario Sales Tax Credit
  • Ontario Energy and Property Tax Credit
  • Northern Ontario Energy Credit
• Amount: Varies based on individual eligibility and claimed credits.
• More Information: Ontario Trillium Benefit (OTB)

6. Advanced Canada Workers Benefit (ACWB)

• Payment Date: February 12, 2025
• Eligibility: Low-income workers who qualify for the Canada Workers Benefit (CWB).
• Amount: Up to $1,428 annually for individuals and $2,461 for families, based on income and family size.
• More Information: Canada Workers Benefit (CWB)

How to Ensure You Receive Your Benefits on Time?

To receive your CRA benefits without delay, ensure that:

1. Your tax return is filed on time for 2024, as most benefits are based on income tax assessments.
2. Your personal details, such as address and banking information, are up to date with the CRA.
3. You are enrolled in direct deposit to receive payments faster.
4. You check your benefit eligibility through the CRA My Account portal.

• CRA My Account: Access Here
• Direct Deposit Enrollment: Sign Up

Final Thoughts

The CRA provides essential financial assistance to Canadians through various benefit programs. With February 2025 payments scheduled, it is crucial for recipients to review their eligibility and update their information to ensure timely payments. For more details, visit the Canada Revenue Agency website.

By staying informed and prepared, Canadians can maximize the support available to them and manage their finances effectively.

This article has been carefully fact-checked by our editorial team to ensure accuracy and eliminate any misleading information. We are committed to maintaining the highest standards of integrity in our content.