The Canada Revenue Agency (CRA) provides essential financial support to millions of Canadians through various benefit programs. These payments help individuals and families manage their expenses, support their children, and prepare for retirement. As February 2025 approaches, staying informed about the CRA’s payment schedule is crucial for receiving benefits on time.
This guide covers key benefit programs, their payment dates, and eligibility criteria to help you plan your finances effectively.
February 2025 Payment Schedule
| Benefit | Payment Date | Maximum Payment | Eligibility |
|---|---|---|---|
| Canada Pension Plan (CPP) | February 22, 2025 | $1,364.60/month | Canadians aged 60+ with sufficient contributions |
| Old Age Security (OAS) | February 22, 2025 | $778.45/month (75+) | Seniors 65+ meeting residency requirements |
| Canada Child Benefit (CCB) | February 12, 2025 | $7,787/year (under 6) | Families with children under 18 |
| GST/HST Credit | February 4, 2025 | Up to $519 (Single) / $680 (Couple) | Low to moderate-income individuals/families |
| Ontario Trillium Benefit (OTB) | February 10, 2025 | Up to $1,013/year | Ontario residents meeting income criteria |
| Canada Carbon Rebate (CCR) | February 15, 2025 | Varies by province | Residents in provinces with federal carbon pricing |
| Canada Workers Benefit (CWB) | February 10, 2025 | Up to $1,518 (Single) / $2,616 (Family) | Low-income working individuals/families |
Canada Pension Plan (CPP)
The Canada Pension Plan (CPP) provides monthly payments to Canadians who have worked and contributed to the program. The February 2025 payment will be issued on February 22, with a maximum benefit of $1,364.60 per month.
To qualify, you must be at least 60 years old and have made enough contributions during your working years. The amount you receive depends on your earnings and contributions. Registering for direct deposit ensures timely payments without waiting for a paper cheque.
Old Age Security (OAS)
Old Age Security (OAS) supports Canadian seniors aged 65 and older. The February 2025 payment is scheduled for February 22, with a maximum amount of $778.45 per month for seniors aged 75 and over. Those under 75 receive slightly lower payments.
OAS is based on residency rather than work history. To qualify, you must have lived in Canada for at least 10 years after turning 18. The CRA uses income tax returns to determine eligibility, so it’s important to file taxes every year.
Canada Child Benefit (CCB)
The Canada Child Benefit (CCB) is a tax-free monthly payment for families with children under 18. The February 2025 payment will be made on February 12. Families can receive up to $7,787 per year for each child under 6 and $6,570 for children aged 6 to 17.
CCB payments are based on family income, with lower-income families receiving higher amounts. To remain eligible, parents must file their taxes annually and report any changes in family status, such as a new child or a change in marital status.
GST/HST Credit
The Goods and Services Tax/Harmonized Sales Tax (GST/HST) Credit helps low- and moderate-income Canadians offset sales tax costs. The February 2025 payment is scheduled for February 4. The maximum annual benefit is $519 for a single person and $680 for a couple.
Eligibility is determined based on income tax returns. No separate application is required—if you qualify, the CRA automatically issues the payment.
Ontario Trillium Benefit (OTB)
The Ontario Trillium Benefit (OTB) assists Ontario residents with energy and property taxes. The February 2025 payment date is February 10. Eligible individuals can receive up to $1,013 per year.
The OTB combines multiple credits, including the Ontario Energy and Property Tax Credit and the Northern Ontario Energy Credit. The amount you receive depends on your income and living situation. To qualify, you must file your taxes annually.
Canada Carbon Rebate (CCR)
The Canada Carbon Rebate (CCR) provides financial relief to residents in provinces with federal carbon pricing. The February 2025 payment is scheduled for February 15. The amount varies by province, with Ontario residents receiving approximately $244 annually.
This rebate is issued quarterly and is automatically calculated based on residency and income. No separate application is required.
Canada Workers Benefit (CWB)
The Canada Workers Benefit (CWB) supports low-income workers with additional financial assistance. The February 2025 payment is set for February 10. Single individuals can receive up to $1,518 annually, while families may qualify for up to $2,616.
To be eligible, you must be employed and meet the CRA’s income criteria. The CWB is designed to support working Canadians, encouraging workforce participation. Filing a tax return is essential to receive this benefit.
The CRA benefits payment schedule is an essential tool for financial planning. By staying informed about payment dates and eligibility requirements, you can ensure timely receipt of benefits. Setting up direct deposit, keeping tax records updated, and reporting changes to the CRA will help you make the most of these financial supports.
FAQs
When is the CPP payment for February 2025?
The Canada Pension Plan (CPP) payment is scheduled for February 22, 2025.
How much is the maximum OAS payment?
For seniors aged 75+, the maximum Old Age Security (OAS) payment is $778.45 per month.
Who qualifies for the Canada Child Benefit (CCB)?
Families with children under 18 who meet the income criteria qualify for the CCB.
When will the GST/HST Credit be paid in February 2025?
The GST/HST Credit payment is scheduled for February 4, 2025.
Is a separate application required for Rent Assistance?
No, eligibility for Rent Assistance is assessed automatically when applying for qualifying benefits.
