Canada benefits for low-income 2025 : What is the new benefit in Canada in 2025?
Canada offers a robust suite of federal and provincial programs designed to support low-income individuals and families. These initiatives aim to alleviate financial pressures, enhance quality of life, and promote economic inclusion. Here’s an overview of the key benefits available in 2025
Canada Child Benefit (CCB)
A tax-free monthly payment to eligible families with children under 18, adjusted based on family income. As of August 2024, the maximum annual benefit was increased to $7,786.92 for families with children under 6 .
Canada Workers Benefit (CWB)
A refundable tax credit aimed at providing financial support to low-income individuals and families who are in the workforce. The Advanced CWB was increased to $1,518 per year as of August 2024 .
Goods and Services Tax/Harmonized Sales Tax (GST/HST) Credit
A quarterly payment to low-income Canadians to offset the GST/HST they pay on purchases. For a single individual, the annual credit was increased to $519 as of August 2024 .
Guaranteed Income Supplement (GIS)
A monthly payment for seniors receiving Old Age Security (OAS) who have low incomes. In August 2024, OAS benefits saw a 0.7% increase, and GIS benefits were adjusted accordingly .
Canada Pension Plan (CPP)
A contributory program providing retirement, disability, and survivor benefits. The maximum monthly benefit for a new retiree at age 65 was approximately $1,433 as of January 2025, reflecting a 3% increase from the previous year .
Provincial and Territorial Benefits
Alberta Adult Health Benefit
Provides coverage for certain health-related services and products for low-income adults in Alberta.
BC Family Benefit
A monthly payment to eligible families with children under 6, designed to help with the costs of raising children.
Provincial/Territorial Child Tax Benefits
Many provinces and territories offer their own child tax benefits, which may vary in terms of eligibility and amount.
Additional Support Programs
Canadian Dental Care Plan
A federal program to provide dental care for eligible individuals and families. Coverage includes preventive, diagnostic, restorative, and other dental services, with varying copayment rates based on income .
A refundable personal tax credit that helps offset the costs of professional development.
Registered Disability Savings Plan (RDSP)
A savings plan for individuals with disabilities and their families, with government matching contributions to support long-term financial security .
These programs collectively form a comprehensive safety net for low-income Canadians, addressing various aspects of financial well-being, from housing and healthcare to retirement and education. Eligibility criteria and application processes vary by program and province, so it’s advisable to consult the respective program websites or contact local service centers for detailed information.