CRA Benefits Payment Dates May 2024: Check OTB, CPP, GST, OAS & CAIP Amount & Eligibility

Canada Revenue Agency announces 2024 benefit payment dates for OTB, CPP, GST, OAS, and CAIP, detailing eligibility requirements and monthly schedules to ensure timely financial support for eligible Canadians.

Written byPraveen Singh

Updated on

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The Canada Revenue Agency i.e., CRA is a revenue service of the Canadian federal government and some of the most provincial and territorial governments. The role of the CRA is to collect taxes, administer tax law and policy, and deliver benefit programs and tax credits. Beneficiaries are waiting for the CRA Benefits Payment Dates. Citizens of Canada have received the payment of April 2024. Now, the government will distribute the CRA Benefits Payment of May 2024.

As per the payment dates mentioned on the official website, the benefits of Ontario Trillium Benefit will be released on 10th May 2024, CPP and OAS on 29th May 2024. Please note that the payments of the GST and CAIP, also known as Canada Carbon Rebate, are made quarterly. Thus, there will be no payment for these programmes in May 2024. Scroll down the page and get updates on the OTB, CPP, GST, OAS & CAIP Amount & Eligibility.

CRA Benefits Payment Dates May 2024: Check OTB, CPP, GST, OAS & CAIP Amount & Eligibility

The benefits help different sections of society, including senior citizens, poor families, and more. Please note that the payment will be made for only those candidates who successfully applied for it. Apart from the CRA Benefits Payment dates of May 2024, we have mentioned the payment schedule for the whole year in the following article. So the readers can track their payment status accordingly.

The benefits are provided to beneficiaries in the form of financial aid. Please note that the CRA OTB, CPP, GST, OAS & CAIP Amount depends on various factors. Candidates can now the amount they will receive through the CRA official website.

CRA Benefits Payment Dates

The following is the table showing the CRA Benefits Payment dates for the 2024 year:

MonthsOTBCPPGSTOASCAIP
JanuaryJanuary 10, 2024January 29, 2024January 5, 2024January 29, 2024January 15, 2024
FebruaryFebruary 9, 2024February 27, 2024February 27, 2024
MarchMarch 8, 2024March 26, 2024March 26, 2024
AprilApril 10, 2024April 26, 2024April 5, 2024April 26, 2024April 15, 2024
MayMay 10, 2024May 29, 2024May 29, 2024
JuneJune 10, 2024June 26, 2024June 26, 2024
JulyJuly 10, 2024July 29, 2024July 5, 2024July 29, 2024July 15, 2024
AugustAugust 9, 2024August 28, 2024August 28, 2024
SeptemberSeptember 10, 2024September 25, 2024September 25, 2024
OctoberOctober 10, 2024October 29, 2024October 4, 2024October 29, 2024October 15, 2024
NovemberNovember 8, 2024November 27, 2024November 27, 2024
DecemberDecember 10, 2024December 20, 2024December 20, 2024

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Eligibility Criteria Required for the Canada Revenue Agency Benefits

It is compulsory to attain the eligibility criteria to get CRA Benefits Payment. Below is the detailed information:

BenefitEligibility
Canada Pension PlanInterested candidates should be at least 60 years old.
Applicants must have made at least one valid contribution to the CPP.
Old Age Security pensionThe minimum age should be at least 65 years old or older.
They must be citizens of Canada or a legal resident when the OAS application is being approved.
Citizens must have resided in Canada for at least 10 years since 18.
Individuals must have resided in Canada for at least 20 years since 18 (People Living Outside Canada).
Climate action incentive paymentCitizens should be at least 19 years old.
They must have (or had) a spouse or common-law partner/ they are (or were) a parent and live (or lived) with their child.
For income tax purposes, the applicant should be a Canadian resident during the month before the CRA makes a payment and at the beginning of the same month.
GST/HST creditCitizens should be at least 19 years old.
They must have (or had) a spouse or common-law partner/ they are (or were) a parent and live (or lived) with their child.
Applicant should be a Canadian resident for income tax purposes during the month before the CRA makes a payment and at the beginning of the same month.
Ontario Trillium BenefitCandidates must have lived in Ontario on December 31, 2023, and one of the following:
rent or property tax for your principal residence/ accommodation COL in a public or non-profit long-term care home/ home energy costs for your principal residence on a reserve in Ontario was paid by or for you for 2023.

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Frequently Asked Questions

What are the CRA Benefits Payment Dates for May 2024?
The officials will release the benefits of Ontario Trillium Benefit on 10th May 2024, CPP on 29th May 2024, and OAS on 29th May 2024. GST and Climate Action Incentive Payments are not made in May.

How will we get the CRA Benefits Payment?
During the application process, candidates get the option to choose the method of getting the payment i.e., through cheque and direct bank transfer. So, the payment will be made according to those choices.

What to do if the Canada Revenue Agency Benefits Payment is not made on the mentioned date?
If the payment is not made on the scheduled date, beneficiaries should wait for a few days more, as it takes some time for the amount to reflect in the account. If the payment still does not reflect, contact the concerned authority.

What are the contact details of CRA?
Candidates should trace the contact details by clicking the Contact the Canada Revenue Agency option on the Government of Canada portal. Provide some details like location and more and the details will pop on the screen.

2 thoughts on “CRA Benefits Payment Dates May 2024: Check OTB, CPP, GST, OAS & CAIP Amount & Eligibility”

  1. Do you have apply for the extra money
    I’m 67 and have i have only got my regular checks but nothing else. Do you have to apply for the extra money if so how do you apply? If

    Reply

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