Ottawa: As Canadians continue to grapple with rising living costs, the Canadian government, through the Canada Revenue Agency (CRA), is set to disburse several credits and rebate payments in August 2025. Eligible Canadian citizens can expect to receive three key benefit payments this month: the Canada Child Benefit (CCB), the Ontario Trillium Benefit (OTB), and the Canada Pension Plan (CPP). These payments aim to provide much-needed financial relief to families and individuals across the country.
Canada Child Benefit (CCB)
The Canada Child Benefit (CCB) is a tax-free monthly payment designed to assist eligible families with the cost of raising children under 18 years of age. The amount received is determined by the applicant’s income and the age of their children. For the 2025-2026 benefit year (July 2025 to June 2026), the CCB amount has been increased by 2.7% based on the Consumer Price Index (CPI) from Statistics Canada.
Eligible families will receive their CCB payment on August 20. Upcoming payment dates include September 19, October 20, November 20, December 12, January 20, 2026, February 20, 2026, March 20, 2026, and April 20, 2026.
The maximum annual benefit for children under six years old is now $7,997 per child, or approximately $666.41 per month. For children aged six to 17, the maximum annual benefit is $6,748 per child, or approximately $562.33 per month.
Ontario Trillium Benefit (OTB)
The Ontario Trillium Benefit (OTB) is a tax-free monthly payment aimed at providing relief to low- and middle-income residents of Ontario struggling with rising energy costs, taxes, and daily expenses. The OTB combines three provincial credits: the Ontario Sales Tax Credit (OSTC), the Ontario Energy and Property Tax Credit (OEPTC), and the Northern Ontario Energy Credit (NOEC), to ease the burden of sales tax, energy costs, and property taxes.
OTB payments are scheduled for August 8. Subsequent payment dates include September 10, October 10, November 10, December 10, January 9, 2026, February 10, 2026, March 10, 2026, April 10, 2026, May 8, 2026, and June 10, 2026.
Canada Pension Plan (CPP)
The Canada Pension Plan (CPP) is a nationwide social insurance program designed to provide income during retirement and offer benefits in case of disability or death. Residents aged 65 and over are eligible for a maximum monthly payment of $1,433. This month’s CPP payment also reflects a 2.7% increase. Additionally, eligible individuals may receive up to an extra $800 through supplementary benefits like Old Age Security (OAS) and the Guaranteed Income Supplement (GIS).
The remaining CPP payment dates for this year are August 27 (Wednesday), September 25 (Thursday), October 29 (Wednesday), November 26 (Wednesday), and December 22 (Monday).
These payments underscore the Canadian government’s ongoing commitment to supporting its citizens and alleviating financial pressures in the face of evolving economic challenges.
