The Canada Revenue Agency (CRA) is responsible for providing various financial incentives to Canadian citizens. These advantages enable families, individuals, and particular groups to better manage their financial demands. Understanding the payment dates for these benefits is critical to receiving them on time, avoiding delays, and properly managing your money.
This page discusses the payment dates for CRA benefits in 2024. It includes a variety of benefits, including the Canada Child Benefit (CCB), GST/HST Credit, Ontario Trillium Benefit (OTB), and more. By remaining informed, you can better manage your budget and guarantee that your payments arrive on schedule.
CRA Benefits Payment Dates 2024
The official CRA payment dates for 2024 have been released. Beneficiaries are recommended to visit the official CRA website or contact their local CRA office to confirm any changes to the timetable.
| Month | Canada Child Benefit (CCB) | GST/HST Credit | Ontario Trillium Benefit (OTB) | Canada Carbon Rebate | Advanced Canada Workers Benefit (ACWB) | Alberta Child and Family Benefit (ACFB) |
|---|---|---|---|---|---|---|
| November | 20 November | – | 8 November | – | – | 27 November |
| December | 13 December | – | 10 December | – | – | – |
Canada Child Benefit (CCB)
The Canada Child Benefit (CCB) is a monthly tax-free payment provided to qualifying families with children under the age of 18. The CCB’s objective is to assist families with the costs of raising children. The payout amounts depend on the number of children, their ages, and the family’s income.
GST/HST Credit
The Goods and Services Tax/Harmonized Sales Tax (GST/HST) Credit is a quarterly payment that helps low-income people and families cover the expense of GST or HST. This benefit helps to alleviate the financial burden of consumption taxes.
Ontario Trillium Benefit (OTB)
The Ontario Trillium Benefit (OTB) consolidates three credits into a single monthly payment: the Ontario Sales Tax Credit, the Ontario Energy and Property Tax Credit, and the Northern Ontario Energy Credit. This benefit helps individuals and families with property and energy expenses.
Canada Carbon Rebate
The Canada Carbon Rebate is a quarterly payment made to individuals and families to help offset the expense of carbon pricing. This refund encourages Canadians to minimize their carbon footprint while offsetting the financial burden of carbon prices.
Advanced Canada Workers Benefit (ACWB)
ACWB is a monthly payment made to low-income workers. This benefit is intended to complement the wages of working people and families, promoting employment and alleviating poverty.
Alberta Child and Family Benefit (ACFB)
The ACFB is a quarterly payment to qualified Alberta families with children under the age of 18. This benefit helps families manage the expense of raising children.
What are the Reasons for Delay in CRA Payments?
There are several reasons why payments from the Canada Revenue Agency (CRA) may be delayed. The most popular causes are mentioned below.
- If a scheduled payment date falls on a weekend or a public holiday, the payment will be processed on the next business day, causing a slight delay.
- Changes in your personal circumstances can affect your eligibility for benefits and may result in delayed payments.
- Errors in your tax returns or reassessments can delay your payments.
- Providing incorrect or incomplete information on your applications can lead to delays.
- In the event of a recipient’s passing, the CRA will adjust benefit payments, leading to delays.
- Delays can occur due to processing times at your bank, even if the CRA issues the payment on time.
- Occasionally, system errors or technical issues within the CRA’s processing systems can cause delays.
- If you receive your benefits by cheque, postal service delays can affect the timely receipt of your payments.
How to Check CRA Payments Status?
To see your CRA account payments and balances, log in to your online CRA account and follow these instructions. However, before checking for the payment, be sure there has been enough time for processing. Allow three business days to process online payments. Allow 10 business days plus sending time for check and money order payments.
- Go to the CRA website and sign in to your online account. If you are an individual, sign in to My Account. If you are a business, sign in to My Business Account.
- For individuals, select “Accounts and payments” to see your account balance, available payments, and instalment payments.
- For businesses, select “View and pay the account balance.”
- Check the listed payments to confirm that your payment has been received and correctly applied to your account. Payments not applied to a specific tax year will be shown in the “Available payment(s)” section.
- If you cannot access your online account or if there is an issue with the payment not appearing, contact the CRA by phone for assistance.
