If you’re a Canadian resident, you might be eligible for financial benefits that provide $250 or more in relief. These benefits come from both federal and provincial programs, helping individuals and families with the cost of living. Whether it’s a child benefit, tax credit, or affordability payment, these programs can provide much-needed support.
The key is knowing which benefits you qualify for and how to claim them. In this guide, we’ll break down the most common programs, their eligibility criteria, and the steps to apply.
Benefits
The Canada Child Benefit (CCB) is a tax-free monthly payment to help families with children under 18. The amount depends on your income, the number of children, and their ages.
- Amount: Up to $250 per child (or more based on income)
- Eligibility: Must be a Canadian resident, live with your child, and file annual taxes
- Payment Frequency: Monthly
How to Apply
If you’ve filed your taxes, you’re automatically assessed for the CCB. If you’re a new applicant, you can apply online through the CRA’s My Account portal or by filling out Form RC66.
GST/HST Credit
The Goods and Services Tax/Harmonized Sales Tax (GST/HST) Credit helps low-income Canadians offset taxes paid on everyday goods.
- Amount: Varies by income, but individuals may receive $250 or more annually
- Eligibility: Must be a Canadian resident, at least 19 years old, and have filed taxes
- Payment Frequency: Quarterly
How to Apply
You don’t need to apply separately—just file your taxes, and the Canada Revenue Agency (CRA) will determine if you qualify.
Ontario Trillium Benefit
The Ontario Trillium Benefit (OTB) combines three credits: the Ontario Energy and Property Tax Credit, the Ontario Sales Tax Credit, and the Northern Ontario Energy Credit.
- Amount: $250 or more per year for eligible residents
- Eligibility: Ontario residents with low to moderate incomes who have filed taxes
- Payment Frequency: Monthly or annually
How to Apply
Your eligibility is determined when you file your Ontario tax return. If you qualify, the benefit is automatically included in your tax assessment.
Quebec Solidarity Tax Credit
Quebec offers the Solidarity Tax Credit to help low-income residents with housing costs, energy expenses, and basic living costs.
- Amount: Varies, but eligible individuals can receive $250 or more annually
- Eligibility: Must be a Quebec resident, at least 18 years old, and meet income requirements
- Payment Frequency: Quarterly
How to Apply
Residents need to file their Quebec tax return and complete Schedule D to receive this benefit.
BC Affordability Credit
British Columbia residents can receive the BC Affordability Credit, a financial relief payment aimed at supporting those with lower incomes.
- Amount: $250 or more based on income and family size
- Eligibility: BC residents with low to moderate incomes who have filed taxes
- Payment Frequency: One-time or annual payments
How to Apply
The CRA automatically assesses eligibility when you file your taxes. If you qualify, the payment is deposited directly into your bank account.
Maximizing Your Benefits
Want to make sure you’re getting the full financial support available to you? Here are some essential tips:
- File your taxes on time – Many benefits depend on your tax return, so filing on time ensures you receive them without delay.
- Check your eligibility regularly – Government programs change, so review updates each year to see if you qualify for new benefits.
- Use tax filing tools – Online tax programs can help calculate which credits you’re eligible for and ensure you claim everything you qualify for.
- Consult a tax professional – If you’re unsure, a professional can help you maximize your benefits and avoid missing out on financial support.
Common Mistakes to Avoid
Here are a few mistakes that could prevent you from receiving these benefits:
- Not filing taxes – Even if you have no income, filing is required to qualify.
- Providing incorrect information – Errors in income reporting or dependent details can affect your eligibility.
- Missing deadlines – Late filings may result in delayed or missed payments.
By staying informed and proactive, you can ensure you receive the financial benefits available to you. If you have questions, visit government websites or speak with a tax professional for guidance.
FAQs
Who qualifies for the Canada Child Benefit?
Families with children under 18 who file taxes annually.
How do I apply for the GST/HST Credit?
You are automatically assessed when you file your taxes.
What is the Ontario Trillium Benefit?
A financial support program for low-income Ontario residents.
When are the Quebec Solidarity Tax Credit payments made?
Payments are made quarterly based on your tax return.
Do I need to apply for the BC Affordability Credit?
No, it is automatically assessed when you file your taxes.