These Are The Canada Benefit Payment Dates For 2024

Every year, Canadians receive benefit payments after filing their income taxes or applying for them. And, these Canada benefit payment dates for 2024 have been released.

Since most of them are automatically applied, we often forget we're even getting extra money. And if you happened to check your bank account, you may have even received a couple of these benefit payments already. If you're curious about when these benefit payments will be disbursed in 2024, here's a helpful guide to mark on your calendar:

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Canada Child Benefit (CCB)

The Canada Child Benefit is a monthly payment designed to assist eligible families with the costs of raising children. It's a tax-free monthly payment. This is a benefit you apply for and may include the child disability benefit, including any related provincial and territorial programs, according to the government.

• January 19, 2024
• February 20, 2024
• March 20, 2024
• April 19, 2024
• May 17, 2024
• June 20, 2024
• July 19, 2024
• August 20, 2024
• September 20, 2024
• October 18, 2024
• November 20, 2024
• December 13, 2024

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The GST/HST Credit

The GST/HST Credit is provided to individuals and families with low or modest incomes to offset the impact of the goods and services tax. Quarterly payments are usually issued in January, April, July, and October.

• January 5, 2024
• April 5, 2024
• July 5, 2024
• October 4, 2024

Climate action incentive payment

This benefit is a tax-free amount paid to help individuals and families "offset the cost of the federal pollution pricing." Residents of Alberta, Saskatchewan, Manitoba, and Ontario receive this in quarterly tax-free payments. For more information on how much and who is eligible, visit canada.ca.

• January 15, 2024
• April 15, 2024
• July 15, 2024
• October 15, 2024

LA in best case climate scenario | Photo: Uswitch

Canada Pension Plan

The Canada Pension Plan is a monthly, taxable benefit that replaces part of your income when you retire. To qualify, you must be at least 60 years old and have made at least one valid contribution to the CPP.

• January 29, 2024
• February 27, 2024
• March 26, 2024
• April 26, 2024
• May 29, 2024
• June 26, 2024
• July 29, 2024
• August 28, 2024
• September 25, 2024
• October 29, 2024
• November 27, 2024
• December 20, 2024

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Alberta child and family benefit (ACFB)

The ACFB is a tax-free amount paid to families with children under 18. The benefit becomes less if the family income exceeds $24,467. "If your adjusted family net income is between $24,467 and $41,000, you may receive a partial benefit," according to the government. Alberta only.

• February 27, 2024
• May 27, 2024
• August 27, 2024
• November 27, 2024

Ontario trillium benefit (OTB)

The Ontario Sales Tax Credit, a monthly benefit, encompasses the Ontario Energy and Property Tax Credit as well as the Northern Ontario Energy Credit. This credit, specific to Ontario residents, is distributed throughout the year in 12 instalments. The allocated amount is determined by the details provided in your income tax and benefit return. It serves as financial assistance, aiding eligible individuals in managing energy costs and property taxes within the province of Ontario.

• January 10, 2024
• February 9, 2024
• March 8, 2024
• April 10, 2024
• May 10, 2024
• June 10, 2024
• July 10, 2024
• August 9, 2024
• September 10, 2024
• October 10, 2024
• November 8, 2024
• December 10, 2024

Canada workers benefit (CWB)

This is a refundable tax credit that aims to help individuals and families who are working and are low-income. The benefit has two parts: a basic amount and a disability supplement. If you're eligible, this is claimed when you file your income tax return.

• January 12, 2024
• July 12, 2024
• October 11, 2024

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