Canada Child Benefit (CCB)-The CCB is a tax-free monthly payment to assist families with the cost of raising children under 18 years of age for the expenses of food, childcare costs, and education. The amount of benefit is based on household income; you can determine if you’re eligible through CRA’s My Account service.
CPP: The retiring and disabled persons who are getting CPP will be paid monthly on November 27, 2024. The maximum CPP payment for the month in 2024 would be $1,770. However, this amount may be higher or lower, depending on individual eligibility and age.
OAS/GIS: Both of these serve the same purpose in supporting seniors aged 65+, but GIS is more like an addition for low-income seniors. It also falls due on November 27, 2024, and covers part of the heavy financial burden that daily expenses bring.
Ontario Trillium Benefit (OTB) – OTB will help Ontario residents pay for everyday living costs, such as property taxes and energy bills. This benefit will combine the Ontario Energy and Property Tax Credit, the Sales Tax Credit, and the Northern Ontario Energy Credit into one monthly payment.
Alberta Child and Family Benefit (ACFB) – This is a quarterly payment designed to assist low-income Alberta families with children, and this is due on November 27, 2024. It aids in going a long way in educational and healthcare costs for the family.
Goods and Services Tax (GST)/HST Credit – No date has been slated for the month of November, and this is because it is a quarterly payment to assist low-income Canadians with the cost of GST/HST.
Set Up Direct Deposit: You ensure that you get your payment on time through direct deposit because your benefit money gets transferred right into the bank account. You can set this up from CRA My Account, under “Manage direct deposit.”
Track Payments Through CRA My Account: An online service for CRA My Account allows recipients to view the status of benefits, find past payments, and even make changes.
Missed Payment Action: In case of a missed payment, check CRA My Account for any updates or discrepancies. In case the account information is correct and payment is missing, call CRA directly for further assistance.
