$1700+ $650 Payment Coming for Canadians in March 2025: Check Full News

$1700+ $650 Payment Coming for Canadians in March 2025: Check Full News. The Canadian government is set to launch the double payment of $1700 + $600 in March 2025 for eligible individuals. These payments are created to provide financial relief to senior citizens, individuals and families with low income. To learn more about the topic ‘$1700+ $650 Payment Coming for Canadians in March 2025: Check Full News’, keep reading the article.

$1700+ $650 Payment Coming for Canadians in March 2025

The government of Canada provides various types of benefits and grants for its citizens to help them cover their essential expenses, such as food, energy bills, and rent. To provide monetary stability to its senior and low-income citizens, the government has launched a CRA double payment, which will arrive in March 2025. This double payment includes a $650 topping up in addition to the $1,700 OAS payment.

The payments will be directly deposited in the accounts of eligible beneficiaries. The main aim of this double payment is to economically assist individuals facing difficulties due to inflation and the rise in the cost of living. Individuals are eligible for it even if they haven’t contributed to it through their jobs, as it’s a non-contributory plan. You can make sure timely access to these payments by filing your taxes on time, checking your CRA My Account, and setting up direct deposit.

Key Highlights

Particulars Details
Total CRA Payment in March 2025 $1,700 + $650
Primary Beneficiaries Seniors, low-income individuals, families
Payment Date March 2025 (varies by benefit type)
Main CRA Benefits Included Canada Pension Plan (CPP), Old Age Security (OAS), Guarantee Income Supplement (GIS), Ontario Trillium Benefit (OTB), and Canada Child Benefit (CCB)
Eligibility Criteria Age, income level, residency, tax filing status
Official Website Canada Revenue Agency

 

Eligibility Criteria

To be eligible for the $1700+ $650 payment, the individuals must meet the eligibility criteria as follows:

Canada Pension Plan (CPP)

  • Eligibility:
    • The individual must have contributed to the CPP during employment or self-employment
    • Must be at least 60 years old to start getting payments
  • Maximum Monthly CPP Payment:
    • $1,364 per month
  • Payment Date:
    • 27th March 2025
  • How to Apply:
    • You can apply using My CRA Account or you can just submit a paper application.

Old Age Security (OAS)

  • Eligibility:
    • The individual must be at least 65 years old or older
    • The individual must be a permanent resident of Canada, which means he must have resided in Canada for at least 10 years after turning 18 years old.
  • Maximum Monthly OAS Payment:
    • $800.44 (in 2025, for ages 75+)
  • How to Apply:
    • There is no need to apply for the OAS payments, as they will directly be deposited in the accounts of eligible individuals. If you haven’t received the automatic payments, you can apply via Services Canada.
  • Payment Date:
    • 27th March 2025

Guaranteed Income Supplement (GIS)

  • Eligibility:
    • The individual must be receiving Old Age Security (OAS).
    • The annual income of the individual must not exceed than $21,456 (for single seniors)
  • Maximum monthly GIS payment:
    • $1,023.88
  • How to Apply:
    • GIS can be automatic if OAS is approved, but it can be applied using Service Canada.
  • Payment Date:
    • 27th March 2025

Ontario Trillium Benefit (OTB)

  • Eligibility:
    • The individual must be an Ontario resident as of December 31, 2024
    • Eligibility is determined by income
  • How to Apply:
    • No additional application is needed. It will be automatically applied by filing a tax return.
  • Payment Date:
    • 10th March 2025

Canada Child Benefit (CCB)

  • Eligibility:
    • The applicant must be the main parent of a child under the age of 18.
  • Maximum monthly CCB payment:
    • $7,437 per year (for children under the age of 6 years)
  • How to Apply:
    • Register at birth or by using My CRA Account
  • Payment Date:
    • 20th March 2025

CRA Payment Amounts

Benefit Type Potential Amount in March 2025
Canada Child Benefit (CCB) Up to $7,437 per year per child (varies by income)
GST/HST Credit Up to $496 per year per individual (paid quarterly)
OAS & GIS OAS: Up to $713/month
GIS: Up to $1,065/month
Ontario Trillium Benefit (OTB) Varies based on provincial tax credit

 

Payment Dates

The CRA benefit payments will be received on the following dates:

Name of the Program Payment Date
Canada Child Benefit (CCB) 20th March 2025
GST/HST Credit Expected in early March 2025
Ontario Trillium Benefit (OTB) 10th March 2025
OAS & GIS Payments 27th March 2025

 

FAQs

Can I get both CPP and OAS?

Yes, if they fulfill the eligibility requirements, seniors who made CPP contributions during their working years are also eligible for OAS.

Do I need to apply for these benefits?

Most CRA benefits, such as CCB and OAS, are automatically applied when you file your taxes. However, some programs need separate applications.

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