Canada Benefit Dates July 2024: CPP, OAS, CCB, CDB, OTB, ACWB, CAIP Payment Credit Dates:

In July 2024, many Canadians will receive various benefits through programs managed by the Canada Revenue Agency (CRA). These programs include the Canada Pension Plan (CPP), Old Age Security (OAS), Canada Child Benefit (CCB), Canada Disability Benefit (CDB), Ontario Trillium Benefit (OTB), Canada Workers Benefit (ACWB), and the Climate Action Incentive Payment (CAIP).

Knowing the exact dates for these payments can help you manage your finances better.

Canada Benefit Dates July 2024

The CRA provides several financial benefits to Canadians. Here are the important dates for each program in July 2024.

CPP Credit Dates

The Canada Pension Plan (CPP) provides a monthly benefit to Canadians over 60 who have contributed to the plan. Payments are made on the third last business day of each month.

Payment MonthCPP Credit Dates 2024
July 202426 July
April 202426 April
May 202429 May
June 202426 June
August 202428 August
September 202425 September
October 202429 October
November 202427 November
December 202420 December

OAS Credit Dates

Old Age Security (OAS) provides financial support to eligible seniors. Payments are usually made on the last business day of each month.

Payment MonthOAS Credit Dates 2024
July 202427 July
April 202427 April
May 202428 May
June 202427 June
August 202429 August
September 202426 September
October 202428 October
November 202426 November
December 202421 December

CCB Credit Dates

The Canada Child Benefit (CCB) helps parents with the cost of raising children under 18. Payments are made on the 20th of each month.

Payment MonthCCB Credit Dates 2024
July 202420 July
April 202419 April
May 202420 May
June 202420 June
August 202420 August
September 202420 September
October 202419 October
November 202420 November
December 202420 December

OTB Credit Dates

The Ontario Trillium Benefit (OTB) assists with energy, property, and sales tax credits. Payments are made on the 10th of each month.

Payment MonthOTB Credit Dates 2024
July 20248 July
April 202410 April
May 202410 May
June 202410 June
August 20249 August
September 202410 September
October 202410 October
November 20248 November
December 202410 December

ACWB Credit Dates

The Canada Workers Benefit (ACWB) supports low-income workers with a refundable tax credit. Payments are made quarterly.

Payment QuarterACWB Credit Dates 2024
112 July 2024
212 October 2024
311 January 2024

CAIP Credit Dates

The Climate Action Incentive Payment (CAIP) helps offset carbon pollution costs. Payments are made quarterly.

Payment MonthCAIP Credit Dates 2024
January 202415 January
April 202415 April
July 202415 July
October 202415 October

Concluding Words

Knowing the exact dates for these payments in July 2024 is crucial for effective financial planning. These dates help you manage your budget and ensure you receive your benefits on time.

Thank you for reading this guide on Canada Benefit Dates for July 2024. We hope this information helps you stay informed and prepared.

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