5 benefit cheques coming out in early 2025 in Ontario [Video]

After the Christmas holidays can be a tough time for many families so it is good to know what benefit cheques are coming in the new year.

Many Canadians are struggling with inflation. Housing, gas and food prices have gone up in Canada and across the globe.

There are a few benefit payments many Canadians can expect in January 2025. Payments are sent automatically as a cheque or direct deposit. But residents must file income taxes to be eligible for most benefits.

Here are the benefits Canadians can expect in January 2025:

Canada Carbon Rebate

Formerly known as the Climate Action Incentive Payment Credit, the Canada Carbon Rebate is sent out quarterly.

The payment is a tax-free amount to help eligible individuals and families offset the cost of the federal pollution pricing. It consists of a basic amount and a supplement for residents of small and rural communities.

Ontario residents could get $140 …