January is here and that means the first round of Canada benefit payments will go out this month. Every year, Canadians receive benefit payments after filing their income taxes or applying for them. Here’s what to know.
Since most of them are automatically applied, we often forget we’re even getting extra money. But make sure to check your bank account starting January 5th as the first payment will go out.
These are usually deposited via direct deposit but if you don’t have that set up, you’ll get them in the form of a cheque.
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Not everyone is eligible for every benefit. But if you’re like us and would love to know when you’ll be receiving these benefit payments in 2024, you’ve come to the right place.
Here’s the rundown:
Goods and services tax / harmonized sales tax (GST/HST) credit
- January 5, 2024
Climate action incentive payment
- January 15, 2024
Canada child benefit (CCB)
- January 19, 2024
Canada Pension Plan
- January 29, 2024
Ontario trillium benefit (OTB)
- January 10, 2024
Canada workers benefit (CWB)
- January 12, 2024
For the full 2024 payment list, click here.
Karen Doradea
Senior Staff Writer, Toronto – Karen is a multimedia journalist based in Toronto. With a strong knowledge of reporting and editing through all forms of media, she has a true passion for storytelling. She carries several years of journalistic experience and has covered the Toronto scene from local stories to national news. When Karen isn’t publishing fire content, you can find her binge-watching sitcoms on Netflix, at a must-try restaurant, or scrolling endlessly on TikTok looking for the next best thing – News never sleeps.
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