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3 New CRA Benefit Payments For Ontario Residents In March 2025
In March 2025, the Canada Revenue Agency (CRA) will distribute several important benefit payments to eligible Ontario residents. These payments are designed to support families, seniors, and low-income individuals, helping them manage daily expenses and improve their quality of life. Below, we break down the key details of these upcoming payments, including dates, eligibility, and amounts.
Canada Child Benefit (CCB) – March 20, 2025
The Canada Child Benefit (CCB) is a tax-free monthly payment aimed at supporting families with children under 18. The amount received depends on family income, the number of children, and their ages. For the 2024-2025 benefit year, the maximum annual payments are:
- Up to $7,437 per child under 6
- Up to $6,275 per child aged 6-17
Families with adjusted net incomes below $32,797 will receive the maximum amount, with payments gradually decreasing as income increases.
Ontario Trillium Benefit (OTB) – March 10, 2025
The Ontario Trillium Benefit (OTB) combines three credits to help Ontario residents with energy costs, property taxes, and sales tax. These include:
- Ontario Energy and Property Tax Credit (OEPTC): Maximum monthly payments of $104 for individuals aged 18-64, or $118.41 for those 65 and older.
- Northern Ontario Energy Credit (NOEC): Maximum monthly payments of $15 for singles or $23.08 for families.
- Ontario Sales Tax Credit (OSTC): Maximum monthly payments of $30 per family member.
These payments are designed to offset everyday expenses for Ontario residents.
Canada Pension Plan (CPP) and Old Age Security (OAS) – March 27, 2025
On March 27, 2025, the CRA will issue payments for both the Canada Pension Plan (CPP) and Old Age Security (OAS). The CPP provides a monthly retirement pension, with a maximum payment of $1,364.60 for new recipients starting at age 65 in 2025. OAS payments, meanwhile, are available to seniors aged 65 and older, with a maximum monthly amount of $707.68 for the first quarter of 2025.
Seniors with annual incomes above $88,867 will see their OAS payments reduced through a recovery tax. Additionally, low-income OAS recipients may be eligible for the Guaranteed Income Supplement (GIS), with maximum monthly payments of $1,026.96 for single seniors and varying amounts for couples.
GST/HST Credit – No Payment in March
While no GST/HST Credit payment is scheduled for March 2025, the next quarterly payment will be issued on April 5, 2025. This tax-free payment helps low- to modest-income individuals and families offset the GST or HST they pay on purchases and services.
To ensure you receive these benefits, verify that your personal information, including your address and direct deposit details, is up to date with the CRA. You can check your benefit details and payment dates through your CRA My Account or by contacting the CRA directly.
Stay informed about these important payments and plan accordingly to make the most of these financial supports.
Guaranteed Income Supplement (GIS) – March 27, 2025
In addition to the OAS payments, low-income seniors who receive the Old Age Security (OAS) may also be eligible for the Guaranteed Income Supplement (GIS). This supplement provides extra financial support to help cover living expenses for those with limited incomes.
The GIS payment amounts for the 2024-2025 benefit year are as follows:
- Up to $1,026.96 per month for single seniors.
- For couples, the amount varies depending on their pension status and combined income.
To qualify for the GIS, seniors must meet the eligibility criteria for the OAS and have a low annual income. The CRA will automatically assess eligibility for GIS if you are already receiving OAS payments.
Remember to ensure your personal information is up to date with the CRA to avoid delays in receiving these payments. You can verify your details and check your payment status through your CRA My Account or by contacting the CRA directly.
Conclusion
In March 2025, Ontario residents will receive several important benefit payments from the Canada Revenue Agency (CRA), designed to support families, seniors, and low-income individuals. Key payments include the Canada Child Benefit (CCB) on March 20, the Ontario Trillium Benefit (OTB) on March 10, and the Canada Pension Plan (CPP) and Old Age Security (OAS) payments on March 27. Additionally, low-income seniors may receive the Guaranteed Income Supplement (GIS) alongside their OAS payments. While no GST/HST Credit payment is scheduled for March, the next installment will arrive on April 5, 2025.
These payments aim to help recipients manage daily expenses and improve their quality of life. Ensure your personal information is up to date with the CRA to avoid delays. For more details, visit your CRA My Account or contact the CRA directly. Stay informed and plan accordingly to make the most of these financial supports.
Frequently Asked Questions (FAQ)
- What benefits are being paid in March 2025?
Ontario residents will receive the Canada Child Benefit (CCB) on March 20, the Ontario Trillium Benefit (OTB) on March 10, and CPP and OAS payments on March 27. Low-income seniors may also receive the GIS.
- How do I check the status of my benefit payments?
You can check your payment details through your CRA My Account or by contacting the CRA directly.
- What should I do if I don’t receive my payment?
If you don’t receive your payment, verify your personal and banking information in your CRA My Account. If everything is up to date, contact the CRA for assistance.
- Do I need to apply for the Guaranteed Income Supplement (GIS)?
No, the CRA will automatically assess your eligibility for GIS if you are already receiving Old Age Security (OAS) payments and meet the income criteria.
- Why is there no GST/HST Credit payment in March 2025?
While there is no GST/HST Credit payment in March 2025, the next payment is scheduled for April 5, 2025.
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