Federal benefits cheque payment dates for 2024

Published November 16, 2023 at 6:15 pm

It’s been a tough year financially for Canadians across the country thanks to record inflation, ever-increasing grocery bills and the ever-rising cost of living. As a result, many Canadians are looking for a bit of extra cash to help them get through the year.

Recently, the Federal Government revealed the 2024 dates for tax refunds and benefit cheque payments.

The Canada Pension Plan, Old Age Security and Child Tax Credit cheques are sent out monthly.

The dates for CPP and OAG are;

January 29
February 27
March 26
April 26
May 29
June 26
July 29
August 28
September 25
October 29
November 27
December 20

The child tax credit tax-free monthly benefit is administered by the Canada Revenue Agency (CRA) and is available to eligible families to help with the cost of raising children under 18 years of age. The CCB may include the child disability benefit and related provincial and territorial programs.

The dates for the Child Tax Credit are;

January 19
February 20
March 20
April 19
May 17
June 20
July 19
August 20
September 20
October 18
November 20
December 13

The Ontario Trillium Benefit includes Ontario energy and property tax credit, the Northern Ontario energy credit and the Ontario sales tax credit. It also comes out monthly;

Ontario Trillium Benefit

January 10
February 9
March 8
April 10
May 10
June 10
July 10
August 9
September 10
October 10
November 8
December 10

Other benefits, such as the GST/HST credit and the climate action incentive payment credit come out quaterly, but on different days. The climate action incentive is essentially the taxpayers’ carbon tax refund.

The Climate incentive payment comes out;

January 15
April 15
July 15
October 15

The GST/HST refund comes out;

January 5, 2024
April 5, 2024
July 5, 2024
October 4, 2024

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

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