Benefit cheques coming October and November to Ontario residents

More benefit cheques are scheduled to go out this fall to eligible Ontario residents, providing additional financial support as the cooler months set in. Here are the payment dates for October and November:

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:

• October 29
• November 27

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.

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The next  payment dates are:

• October 18
• November 20

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:

• October 10
• November 8

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:

• 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:

• October 4

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.

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:

• October 31
• November 29

Canada Carbon Rebate

The Canada Carbon Rebate, previously called the Climate Action Incentive Payment, is a federal initiative designed to help Canadians manage the financial impact of carbon pricing.

The program returns funds to residents in provinces where the federal carbon tax applies, including Ontario, Alberta, Manitoba, and Saskatchewan. Most households receive more back than they pay in carbon taxes with additional top-ups available for those living in rural areas.

For those who received their first payment in April, the second installment will be sent out on Oct. 15. The amounts vary depending on household size and location.

Ontario:

$140 for an individual
$70 for a spouse
$35 per child
Rural supplement of $28