September 2024 CRA Benefits Payment: OTB, CPP, GST, OAS, CAIP Deposit Dates, Amount, Eligibility & Fact Check

September 2024 CRA Benefits Payment: The Canada Revenue Agency (CRA) is providing various government benefits to the Canadian residents in the month of September 2024 and here we are describing about the different benefits. If you are a Canadian citizen and receiving government benefits through the Canada Revenue Agency (CRA), it is important to stay on top of your upcoming payment dates. There are several benefit payments you will receive in September 2024, including the Ontario Trillium Benefit (OTB), Canada Pension Plan (CPP), Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit, Old Age Security (OAS), and Climate Action Incentive payments. (CAIP) are included.

This article breaks down all the key payment dates, eligibility requirements and amounts for September 2024, so that you can manage your finances efficiently. If you are wondering when you will receive Canada Revenue Agency (CRA) benefits for August and September 2024, you are in the right place. Knowing these dates ensures that you can plan your finances better and avoid any unforeseen delays. Whether you receive benefits like the Canada Child Benefit (CCB), Old Age Security (OAS), or the Ontario Trillium Benefit (OTB), it’s important to stay in the know about your payment schedule.

CRA Benefits Payment September 2024 Highlights

Name of the BenefitsPayment DateAmount (Monthly/Quarterly)Required Eligibility
Ontario Trillium Benefit (OTB)September 10, 2024Varies based on eligibility (up to $1,421 for energy & property tax credit for seniors)Ontario residents meeting specific criteria (income level, residency)
Canada Pension Plan (CPP)September 25, 2024Up to $1,306.57 per monthCanadians aged 60+ who have made contributions to the CPP
GST/HST CreditOctober 4, 2024$519 for single residents, $680 couples, and $179 per childLow to moderate-income Canadians
Old Age Security (OAS)September 25, 2024Up to $707.68 (ages 65-74) and up to $778.45 (ages 75+)Canadians aged 65+ with income below specific thresholds
Climate Action Incentive Payment (CAIP)October 2024Varies by province (e.g., $244 in Ontario for a single adult per year)Residents of participating provinces (e.g., Ontario, Manitoba, Alberta) filing a tax return

Ontario Trillium Benefits (OTB)

The Ontario Energy and Property Tax Credit, Northern Ontario Energy Credit, and Ontario Sales Tax Credit are all combined into one easy-to-pay payment under the Ontario Trillium Benefit (OTB). Depending on your preference, payments are made either monthly or all at once when you submit your taxes. Only Ontario residents can receive this benefit. Apart from these, the eligibility criteria are based on beneficiary’s income level, age, and other required factors.

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Canada Pension Plan (CPP)

Put September 25, 2024, on your calendar if you are receiving benefits from the Canada Pension Plan (CPP). Canadians who have made contributions to the CPP during their working years are given retirement income. Disability and survivor benefits are also provided. To receive this benefit, your minimum age should be 60 years, and you must be experienced to contribute to the CPP during your working years. Apart from these, the eligibility criteria are based on beneficiary’s income level, age, and other required factors.

GST/HST Rebate

Canadians with low to moderate incomes can deduct the goods and services tax they have paid by using the quarterly GST/HST credit. On October 4, 2024, the next payment is expected to come. Apart from these, the eligibility criteria are based on beneficiary’s income level, age, and other required factors, such as you have to file your taxes.

Old Age Security (OAS): Senior 65 years of age and older get monthly benefits from the Old Age Security (OAS) pension. Every quarter, OAS payments are increased for inflation, so you should monitor the amounts. Apart from these, the eligibility criteria are based on beneficiary’s income level, age, and other required factors.

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Climate Action Incentive Payment (CAIP)

Federal carbon emission tax is partially compensated by the Climate Action Incentive Payment (CAIP). Payments are made quarterly and the next one is expected to be made in October 2024. Residents from Ontario, Manitoba, or Alberta can receive this benefit. Apart from these, the eligibility criteria are based on beneficiary’s income level, age, and other required factors.

Fact Check

Rumors of specific checks often arise from misunderstandings of existing government benefits or exaggerated claims made online. It’s important to rely on official sources for accurate information.

There has been no federal announcement in 2024 about deposit payments. Most deposits for government programs will vary based on individual circumstances, including income, work history, and eligibility. To avoid becoming a victim of misinformation, always verify claims through official government websites or consult a financial advisor.

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  • Hari Krishnan

    Hello Friends I am writing since 2020. I have done MBA in Finance, and worked in one of the top Private Bank. Currently i am fully focusing on writing Finance related information. My aim is to provide correct and useful data to all of you. If You find any mistake or misinformation in my articles then you can contact me.

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