Benefit cheques coming May and June 2025 in Canada and Ontario

As summer approaches, eligible Canadians can expect a steady flow of federal and provincial payments to help with rising costs. Here’s when the next deposits are scheduled to go out:

Canadian Pension Plan and Old Age Security

The Canadian retirement benefits system includes the Old Age Security pension, guaranteed income supplement, allowance, and 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 $880.44 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 Canadian Pension Plan and Old Age Security payments are sent out monthly. Here are the upcoming payments:

• May 28
• June 26

Child Tax Credit

The Canada Revenue Agency (CRA) 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 payments being sent out:

• May 20
• June 20

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. The payment dates are as follows:

• May 9
• June 10

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. The next few payments are:

• May 30
• June 27

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.

Tax assistance for residents

Low-income seniors (65+ years) or individuals with disabilities who have owned and lived in their homes for at least one year can apply for an annual property tax rebate if they meet specific criteria.

To be eligible, every property owner must receive benefits under the Guaranteed Income Supplement (GIS) Program or the Ontario Disability Support Program (ODSP).

Alternatively, the spouse of an owner receiving GIS or ODSP benefits also qualifies.

Some instances include:

• If a married couple owns the property, either one must receive GIS or ODSP.
• If a married couple, along with a sibling, owns the property, the sibling and either spouse must
• receive GIS or ODSP.
• If two siblings own the property, both must receive GIS or ODSP.
• Qualifying for the tax rebate automatically makes you eligible for a Stormwater Charge Subsidy.

Single-family homes receive subsidies on their Region of Peel water bill, while condominiums receive a mailed cheque from the City of Mississauga.

Applications must be submitted by December 31 of the current tax year, but submission is possible at any point in the year if all required documentation is available.