Benefit cheques that will be coming in the second half of 2024

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Published June 22, 2024 at 11:06 am

Benefit cheques that will be coming in the second half of 2024

With summer benefits cheques set to be distributed, eligible Ontario residents can expect to receive additional government payments over the next six months. The scheduled payment dates for the remainder of 2024 are as follows:


Ontario Works or emergency assistance

The Ontario government offers assistance known as Ontario Works or social assistance to those facing financial difficulties, such as buying essentials like food and paying for shelter.

Additionally, emergency assistance provides short-term financial support during crises or emergencies.

Eligibility is based on household income, ownership, and family size, and only one application is needed per family.

Applicants must be at least 16 years old, Ontario residents with Canadian status, and willing to participate in employment-related activities.

Emergency assistance is available for those in crisis, such as those affected by COVID-19, facing eviction, leaving an abusive situation, or experiencing a natural disaster.

Applicants must be Ontario residents with Canadian status, not currently receiving social assistance, and have ongoing income. Here are the next payment dates:

  • June 28
  • July 31
  • August 30
  • September 27
  • October 31
  • November 29

Canadian Pension Plan and Old Age Security

The maximum monthly payment for the Canadian Pension Plan (CPP) for residents over 65 is $1,306.57.

For the Old Age Security (OAS) pension, individuals between ages 65 to 74 with an annual income of less than $142,609 are eligible for a monthly payment of up to $707.68. Those between the ages of 75 and over with an annual income of less than $148,179 may receive up to $778.45 per month.

The Canadian Pension Plan and Old Age Security payments are sent out monthly. The upcoming dates for these payments are:

  • June 26
  • July 29
  • August 28
  • September 25
  • October 29
  • November 27
  • December 20

Child Tax Credit

The Canada Revenue Agency (CRA) oversees the tax-free monthly Child Tax Credit benefit, designed for eligible families supporting children under 18. The CCB may incorporate child disability benefits and relevant provincial and territorial programs.

The Ontario Child Benefit offers up to $1,607 annually per child, depending on an individual’s family net income and the number of children under 18 years of age in their care.

The next  payment dates are:

  • July 19
  • August 20
  • September 20
  • October 18
  • November 20
  • December 13

Ontario Trillium Benefit

The Ontario Trillium Benefit, disbursed on a monthly basis, includes the Ontario Energy and Property Tax Credit, the Northern Ontario Energy Credit, and the Ontario Sales Tax Credit. The next payment dates are as follows:

  • July 10
  • August 9
  • September 10
  • October 10
  • November 8
  • December 10

Individuals between the ages of 18 and 64 could receive an annual amount of up to $1,194. Those 65 years old and over may receive up to $1,360 per year.


Climate Action Incentive

Other benefits, such as the GST/HST credit and the Climate Action Incentive Payment Credit, are sent out quarterly, each on separate days. The Climate Action Incentive serves as a carbon tax refund for taxpayers. Here are the dates when the payments will go out:

  • July 15
  • October 1

The annual payment for a family of four in Ontario could be up to $976.


GST/HST refund

The next quarterly payment dates for the GST and HST refunds is:

  • July 5, 2024
  • October 4, 2024

Single individuals may receive an annual amount of $496.

Those married or with a common-law partner can receive $650.

Parents with a child under 19 could get $171 per child.

These cheques can all be cashed at any bank in Canada.


 

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