As February 2025 approaches, Canadians can look forward to several important benefit payments from the Canada Revenue Agency (CRA). These payments provide financial support to families, individuals, and low-income earners, helping them manage essential expenses. Knowing when these payments arrive and how much you may receive can ensure you do not miss out on any assistance you are entitled to.
Key CRA Benefit Payments
| Benefit Payment | Payment Date | Amount |
|---|---|---|
| Canada Child Benefit (CCB) | February 20, 2025 | Varies by income and number of children |
| GST/HST Credit | February 5, 2025 | Varies based on income and family size |
| Ontario Trillium Benefit (OTB) | February 10, 2025 | Varies by income and family size |
| Alberta Family Employment Tax Credit (AFETC) | February 15, 2025 | Based on income and family size |
These payments form part of the government’s ongoing efforts to support Canadians, especially during the winter months when financial demands may be higher.
Canada Child Benefit (CCB)
The Canada Child Benefit is a tax-free monthly payment designed to assist families with the cost of raising children. The amount each family receives depends on household income, the number of children, and their ages.
Payment Date
The next CCB payment will be made on February 20, 2025.
How Much Will You Receive
The payment varies based on family income and the number of children. For example:
- A family with two children under the age of six may receive up to $6,500 per year (about $542 per month).
- Families with higher incomes may receive a reduced amount.
To check your exact payment amount, log into CRA My Account or refer to your most recent benefit notice.
Key Considerations
- Eligibility requires having children under the age of 18 living with you.
- The payment is income-tested, meaning higher-income families receive lower amounts.
- Keeping your CRA information updated ensures correct payments.
GST/HST Credit
The Goods and Services Tax/Harmonized Sales Tax (GST/HST) Credit provides additional financial support to lower-income Canadians to help offset sales taxes paid on everyday purchases.
Payment Date
The next quarterly GST/HST credit payment will be issued on February 5, 2025.
How Much Will You Receive
- Single individuals may receive between $238 and $500+ annually, depending on income.
- Families with children typically receive higher amounts.
- Payments are made quarterly in February, May, July, and October.
Key Considerations
- Eligibility is based on your income tax return, so filing on time is essential.
- If you have not filed your 2023 taxes, you will need to do so to receive this benefit.
- Payments are automatically deposited into your account if you are eligible.
Ontario Trillium Benefit (OTB)
The Ontario Trillium Benefit is a combination of three different provincial credits: the Ontario Sales Tax Credit, the Ontario Energy and Property Tax Credit, and the Northern Ontario Energy Credit.
Payment Date
The next OTB payment is scheduled for February 10, 2025.
How Much Will You Receive
- Single individuals may receive a few hundred dollars annually.
- Families may receive over $1,000 annually, depending on income and dependents.
Key Considerations
- Eligibility is based on income and residency in Ontario.
- You must have filed your 2023 tax return to receive the payment.
- Payment is issued monthly unless you have opted for a lump sum at tax time.
AFETC
The Alberta Family Employment Tax Credit supports working families with children under the age of 18 by providing a refundable tax credit based on earned income.
Payment Date
The next AFETC payment is expected on February 15, 2025.
How Much Will You Receive
- Payments range from $500 to $2,500 annually, depending on household income and the number of children.
Key Considerations
- Families must have at least one child under 18.
- Payments are income-tested and vary based on earnings.
- Eligibility can be checked through the Alberta Ministry of Finance or MyAlberta Digital ID.
Additional Provincial Benefits
Many provinces offer additional support programs alongside federal benefits. Some examples include:
- British Columbia Family Bonus – Monthly payments for low-income families with children under 18.
- Quebec Family Allowance – Financial support for families with children, based on income and family size.
- Nova Scotia Affordable Living Tax Credit – Helps lower-income residents manage living costs.
To check your provincial benefits, visit your provincial tax agency’s website or log into CRA My Account.
Maximize Your CRA Benefits
To ensure you receive the full benefits you are entitled to, follow these key steps:
File Your Taxes on Time
Many benefits, including the GST/HST Credit and Ontario Trillium Benefit, are based on your tax return. Even if you owe no taxes, filing ensures you remain eligible for payments.
Update Your CRA Information
If your income, family situation, or address has changed, notify the CRA to prevent payment delays or incorrect amounts.
Track Your Payments
Set reminders for payment dates and check your bank account to ensure deposits are received.
Use CRA’s Online Services
The CRA’s online tools allow you to:
- Check benefit eligibility
- View past payments
- Update personal information
These services can be accessed through CRA My Account or the CRA mobile app.
Future Benefit Changes
Governments sometimes adjust benefit amounts or eligibility criteria based on economic conditions. Stay informed by:
- Visiting the CRA website regularly
- Subscribing to CRA email updates
- Checking announcements from your provincial government
The CRA benefit payments scheduled for February 2025 provide essential financial relief for millions of Canadians. Whether you receive the Canada Child Benefit, GST/HST Credit, Ontario Trillium Benefit, or Alberta Family Employment Tax Credit, these payments help ease financial burdens.
By staying informed, updating your information, and filing your taxes on time, you can ensure you receive the full benefits available to you.
FAQs
When will the next Canada Child Benefit payment be made?
The next Canada Child Benefit (CCB) payment is scheduled for February 20, 2025.
Who is eligible for the GST/HST Credit?
Low- and moderate-income Canadians who have filed a tax return are eligible for the GST/HST Credit.
How do I check my CRA benefit payment status?
You can check your payment status by logging into your CRA My Account or using the CRA mobile app.
What is the payment date for the Ontario Trillium Benefit?
The next Ontario Trillium Benefit (OTB) payment will be made on February 10, 2025.
Do I need to apply for CRA benefits each year?
Most benefits are automatically calculated based on your tax return, so filing your taxes on time ensures you receive them.
