Many families head into the new year juggling holiday and living expenses, and a bit of financial relief can go a long way. For those receiving federal support, the newly released 2026 benefit payment schedule offers a clearer picture of when January and February deposits will arrive, helping Canadians plan and budget for the weeks ahead.

Canadian Pension Plan and Old Age Security

The Canadian retirement benefits system includes the Old Age Security pension, the Guaranteed Income Supplement, and the Allowance for the Survivor, along with the Canadian Pension Plan.

CPP: Residents over 65 are eligible for a maximum monthly payment of $1,433.
OAS Pension: Individuals aged 65 to 74 with an annual income below $148,451 can receive up to $707.67 per month. Those 75 and over with an income below $154,196 may receive up to $899.67 monthly.

Eligible individuals should note that the OAS pension is reviewed quarterly—in January, April, July, and October—to reflect increases in the cost of living based on the Consumer Price Index. Importantly, payments will not decrease if the cost of living goes down.

The upcoming payment dates are as follows:

Canada Child Benefit

The Canada Revenue Agency oversees the tax-free monthly Child Tax Credit benefit, designed for eligible families supporting children under 18. The CCB may incorporate the child disability benefit along with relevant provincial and territorial programs. These are the next payment dates:

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 in their care.

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. Here are the payment dates:

GST/HST refund

This credit is a tax-free quarterly payment aimed at assisting individuals and families with low and modest incomes offset the GST or HST that they pay.

Here is the payment date:

Advanced Canada Workers Benefit

The Canada Workers Benefit (ACWB) is a refundable tax credit to help low-income individuals and families who are working. The benefit consists of a basic amount and a disability supplement. This is the next payment date:

As per the CRA’s website, the maximum basic amount for the benefit is $1,428 for single individuals and $2,461 for families. Single individuals with an adjusted net income exceeding $33,015 are not eligible for the basic amount, while for families, the adjusted net income is $43,212.

The disability supplement offers a maximum of $737 for singles and families. Ineligibility applies to individuals if their net income exceeds $37,932, and for families, it’s a household income between $48,124 and $53,037, depending on spouse eligibility.

Canada Disability Benefit

The Canada Disability Benefit provides financial support to eligible adults with disabilities between 18 and 64. Recipients will receive their benefits monthly and may be eligible for up to 24 months of back pay, but only for periods after June 2025.

The benefit pays a maximum of $200 per month, or $2,400 a year, from July 2025 to June 2026, with yearly adjustments for inflation.

The amount a person receives is income-tested and depends on factors such as household income, marital status and whether they or their spouse has employment earnings.

Veteran Disability Pension

The veteran disability pension is a tax-free monthly payment that supports veterans and service members with service-related injuries or illnesses.

Eligibility includes Canadian Armed Forces members, RCMP members, and Second World War or Korean War veterans, including some who served in the Second World War. Recipients can choose either Pain and Suffering Compensation—a lifetime monthly or lump sum payment—or a Disability Pension with added support for dependents.

Benefits for children under 25

Part-time students aged 18 to 24 with a parent who is deceased or disabled and contributed to the Canada Pension Plan may now qualify for financial support.
Eligible part-time students will receive a monthly flat rate of $150.89 starting in 2025, though payment dates have yet to be released.

This new benefit aligns with the existing program for full-time students, who will receive $301.77 per month in 2025.

To qualify for the benefit, part-time students must meet a minimum school attendance requirement.

 

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