2 CRA Benefit Payments For Ontario Residents In November 2024

Last Updated On 3 November 2024, 9:08 AM EST (Toronto Time)

In November 2024, Ontario residents will receive two CRA benefit payments from the Canada Revenue Agency (CRA): the Canada Child Benefit (CCB) and the Ontario Trillium Benefit (OTB).

These benefits help eligible residents, including low- and moderate-income households, to manage rising living costs and essential expenses.

With the rising costs of living, these benefits are critical sources of support for Ontario families and individuals.

The CCB assists families in covering necessary costs for raising children, such as school supplies, food, and clothing.

Meanwhile, the OTB provides relief from sales tax, property tax, and energy expenses, helping households manage monthly expenses.

By allowing eligible temporary residents to access these benefits, Canada recognizes their contributions to the community and supports their integration into Canadian society.

In this article, we will cover each benefit’s purpose, eligibility requirements, maximum payment amounts, payment dates, and guidelines for temporary residents in Canada.

2 CRA Benefit Payments in November 2024

1. Canada Child Benefit (CCB)

The CCB is a tax-free monthly payment aimed at supporting families with children under the age of 18.

The CCB provides financial aid to help with child-related costs, such as education, healthcare, and childcare expenses.

For millions of Canadian families, this benefit is essential to managing the financial demands of raising children.

2 New CRA Benefit Payments For Ontario Residents

Eligibility for CCB

To qualify for the CCB, applicants must meet the following requirements:

Residency: Applicants must live in Canada and be Canadian citizens, permanent residents, or have another qualifying immigration status.
Primary Caregiver: Only the primary caregiver of the child can apply for the CCB, typically a parent. In cases of shared custody, payments may be divided.
Income-Based: The CCB amount is income-tested, meaning that families with lower incomes receive higher monthly payments.

Temporary Residents and CCB Eligibility:

Temporary residents may qualify for the CCB if they meet specific conditions:

They must have lived in Canada for at least 18 months on a valid temporary resident status (such as a work permit).
Their permit must not restrict them from receiving social benefits.

The CRA requires temporary residents who qualify to submit proof of status and primary caregiver documentation.

Maximum Payment Amount for Canada Child Benefit in 2024

The CCB payment amount depends on the child’s age and family income.

Children under 6 years: Families can receive up to $7,787 per child annually.
Children aged 6 to 17: Families are eligible for up to $6,570 per child annually.

Exact amounts vary based on net family income, with higher income levels resulting in reduced benefits.

Upcoming Payment Date for Canada Child Benefit in November 2024

The Canada Child Benefit is issued monthly, with the November 2024 payment scheduled for November 20.

For those enrolled in direct deposit, payments will be made directly to bank accounts, while others will receive checks by mail.

2. Ontario Trillium Benefit (OTB)

The Ontario Trillium Benefit (OTB) is a provincial benefit intended to ease financial pressure on low- and moderate-income residents.

It combines three different tax credits:

Ontario Sales Tax Credit (OSTC)
Ontario Energy and Property Tax Credit (OEPTC)
Northern Ontario Energy Credit (NOEC) (for eligible residents of Northern Ontario)

The OTB helps Ontarians offset sales tax, energy, and property tax expenses, providing valuable financial relief to qualifying individuals and families.

Eligibility for Ontario Trillium Benefit

OTB eligibility is based on residency, income, and tax filings.

Ontario Residency: Applicants must be Ontario residents as of December 31 of the previous tax year.
Income Limit: The OTB is income-tested, meaning individuals with higher incomes may receive reduced or no payments.
Filing a Tax Return: To receive the OTB, applicants must file their income tax return, as eligibility is based on the previous year’s tax information.

Temporary Residents and OTB Eligibility:

Temporary residents can also qualify for the OTB if they meet the following requirements:

They must be Ontario residents on December 31 of the previous tax year.
They need a valid permit or status and must file their tax return by the deadline, detailing the tax credits they wish to claim.

The CRA will assess eligibility based on residency, income level, and the submitted tax return.

Maximum Payment Amount for OTB in 2024

Each OTB component has its own maximum payment:

Ontario Sales Tax Credit: Up to $360 per adult or child annually.
Ontario Energy and Property Tax Credit: The maximum credit is $1,248 for non-seniors and up to $1,421 for seniors.
Northern Ontario Energy Credit: For Northern Ontario residents, the maximum is $180 for singles and $277 for families annually.

Upcoming Payment Date for OTB in November 2024

The OTB is paid monthly if the total benefit amount exceeds a specific threshold. Eligible Ontario residents can expect their next OTB payment on November 8, 2024.

How to Apply for the CCB and OTB

Canada Child Benefit Application:

Eligible applicants, including qualified temporary residents, can apply for the CCB via the CRA My Account online portal or by mailing in a completed paper form.

Proof of status and primary caregiver documentation may be required.

Ontario Trillium Benefit Application:

Ontario residents, including eligible temporary residents, simply need to file their annual income tax return and indicate eligibility for the tax credits that make up the OTB.

The CRA will determine eligibility based on the filed return, income, and residency information.

What are the upcoming CCB payment dates in 2024?

The upcoming CCB payment dates in 2024 are November 20 and December 13, 2024.

What are the upcoming Ontario Trillium Payment dates in 2024?

Next OTB payments will be paid on November 8 and December 10.

Gagandeep Kaur Sekhon

Gagandeep Kaur Sekhon moved to Canada in 2010 on a study visa. She navigated through the ups and downs of her student life and gained her permanent residency in 2015. Today, she is a proud Canadian citizen residing in Calgary, Alberta. She is mother of 2 beautiful daughters and making her difference through writing and guidance at INC – Immigration News Canada.