Benefit cheques coming to Canadians in November 2024 [Video]

Another round of benefit cheques are scheduled to go out this fall to eligible Ontario residents, providing additional financial support as the cooler months set in. Here are the payment dates for  November:

Canadian Pension Plan and Old Age Security

The maximum monthly payment for the Canadian Pension Plan (CPP) for residents over 65 is $1,306.57.

For the Old Age Security (OAS) pension, individuals between ages 65 to 74 with an annual income of less than $142,609 are eligible for a monthly payment of up to $707.68. Those between the ages of 75 and over with an annual income of less than $148,179 may receive up to $778.45 per month.

The Canadian Pension Plan and Old Age Security payments are sent out monthly. The upcoming date for this payments is:

• November 27

Child Tax Credit

The Canada Revenue Agency (CRA) oversees the tax-free monthly Child Tax Credit benefit, designed for eligible families supporting children under 18. The CCB may incorporate child disability …