There are still several more ways Canadians will be getting money from the government to close out the month of October.
Eligible Canadians can expect three more government payments to be deposited in their bank accounts.
Here are the last few dates you can expect to get money from the government this month.
Canada Pension Plan — Oct. 29
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The CPP is a monthly, taxable benefit that replaces part of eligible Canadians’ income upon retirement and is paid for the rest of their lives.
To receive money from the government, you must have made at least one valid contribution to the CPP and be at least 60 years old.
You’ll receive your full pension even if you’re under 70 and still working; contributing to the CPP post-retirement benefit can increase your pension.
The amount you receive will depend on when you decided to start your pension, the amount you contributed, how much you earned throughout your working life, and how long you contributed to the CPP. New beneficiaries aged 65 will receive an average monthly payment of $899.67. The maximum monthly payment you can receive at age 65 is $1,433.
Old Age Security — Oct. 29
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Canadians aged 65 and older can qualify for the OAS pension regardless of their work history.
Those aged 65 to 74 can receive up to $727.67 per month in 2025 if their annual net income in 2023 was less than $142,609.
However, Canadians aged 75 and older can receive a maximum of $800.44 if their annual net world income in 2023 was less than $148,179.
Veteran Disability Pension — Oct. 30
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The following Canadians can qualify for the Veteran Disability Pension:
- A member or veteran of the Canadian Armed Forces
- A member or former member of the Royal Canadian Mounted Police (RCMP)
- A Second World War or Korean War Veteran (includes Merchant Navy), or an eligible civilian who served in the Second World War
Eligible recipients must have a diagnosed medical condition or disability and demonstrate that it was related to their service. If eligible, you can also receive a lifetime monthly benefit or lump sum for Pain and Suffering Compensation. The amount you receive depends on your disability, and payments range from $69.60 to $1,391.98.
There’s also the disability pension, which depends on the number of dependents, such as your spouse, common-law partner, and/or children.
You may also be eligible for benefits offered by your provincial or territorial government, rather than the federal government of Canada. Take a look at your provincial benefits page.