Yes, many Canadians will receive extra money in 2025, headlined by a new $250 Working Canadians Rebate for eligible workers, expected in early spring. Other financial boosts include increased Canada Child Benefit payments, higher Canada Dental Care Plan reimbursements, and indexed, higher GST/HST credit payments.
Canada Workers Benefit
3 times a year (July 12, October 11, January 10), depending on income. The amounts you may receive are adjusted for the period from July 2025 to June 2026: Up to $1,518 if you are single. Up to $2,616 if you are a couple.
The 2.8 percent cost-of-living adjustment (COLA) will begin with benefits payable to nearly 71 million Social Security beneficiaries in January 2026. Increased payments to nearly 7.5 million SSI recipients will begin on December 31, 2025. (Note: Some people receive both Social Security and SSI benefits.)
In 2025, the federal government will introduce new legislation in Parliament to provide a $250 Rebate to eligible Canadians. This rebate will be distributed in early spring 2025 and is designed to support individuals who worked during the 2023 tax year.
The $1,200 payment is a one-time direct deposit issued by the Canada Revenue Agency for seniors classified as low income based on their most recent tax return. The payment is not a loan, does not need to be repaid and does not replace existing monthly benefits.
All eligible seniors aged 65 to 74 will see their OAS payments increase in January 2026. The adjustment applies automatically, provided eligibility requirements are met. For this group, the increase helps offset rising everyday expenses such as groceries, utilities, and transportation.
Not only will the government be issuing a one-time cash payment of $500 to be paid in August 2021, this year's Federal Budget also includes the highest quarterly adjustment to existing OAS payments since July 2014.
2025 in review: Canada's biggest changes for international students and PGWP eligibility
The Canada Revenue Agency (CRA) has announced a special $680 one-time payment for 2025, designed to support low-income individuals and families dealing with rising living expenses. This initiative is part of the government's program to reduce financial stress, offering direct cash support to qualified taxpayers.
The extra $144 added to Social Security usually comes from the Medicare Part B Giveback benefit, offered by some Medicare Advantage (Part C) plans, which pays back some or all your Part B premium, showing up as extra money in your check if it's deducted from your Social Security. To qualify, you need Original Medicare (Parts A & B), pay your own Part B premium, live in a plan's service area, and enroll in a specific Medicare Advantage plan that offers this "rebate," with the amount varying by plan and location.
The government has confirmed that no further Cost of Living Payments are planned for 2025. This means there will not be a new payment (such as the rumoured £450 payment) this year. Future financial support will depend on government decisions and the wider economy, including inflation and energy prices.
Who Will Receive the $1,100 Centrelink Bonus. The bonus will be automatically issued to eligible Australians receiving approved Centrelink payments. Those expected to qualify include: Age Pension recipients.
The $1,000 "Welcome to Canada Bonus" is a General Motors (GM) program for new Permanent Residents or Temporary Workers, requiring a valid PR card (arrival date generally 2022 or later) or a valid work permit, plus a Canadian driver's license, for the purchase or lease of a new eligible Chevy, Buick, GMC, or Cadillac vehicle. Eligibility hinges on your status at the time of purchase, with specific arrival year requirements for Permanent Residents.
Old Age Security Payment Updates
For December 2025, OAS payments reflect a 1.2% quarterly indexation increase tied to the Consumer Price Index. Maximum monthly amounts now stand at $740.82 for ages 65-74 and $814.90 for those 75 and older, up from previous quarters.
The Canadian government is providing a one-time $300 federal payment in 2025 as part of ongoing efforts to assist low- and modest-income Canadians facing rising costs of living.
Along with the GST break, the government of Canada is also planning on offering cheques in the amount of $250 to qualifying middle-class families. In order to qualify for this, you have to have worked in 2023 and had an income below $150,000.
According to Statistics Canada, over 850,000 people departed in 2024, with an additional 236,000 leaving in the first quarter of 2025. This outflow underscores a growing disconnect between expectations and reality, driven by housing affordability, stagnant wages, job insecurity, slow PR pathways, and social pressures.
Provinces and territories provide free or subsidized dental care for certain populations including individuals with low income, children, older adults and disabled persons.
Non-residents of Canada may still qualify for CPP benefits if they contributed to the plan while working in Canada. Your eligibility depends on your contribution history, not your current residency. Even if you move abroad, CPP can be paid to you as long as you keep your information updated with Service Canada.
The $2,200 payment is a one-time, tax-free financial benefit provided by the federal government through the CRA. Unlike monthly pension programs, this payment is not ongoing but instead offers immediate relief to help seniors weather current financial pressures.
Today, Canada's Minister of Seniors, Deb Schulte, announced the highest quarterly adjustment to existing OAS payments since July 2014. She also confirmed that the Government of Canada will deliver the $500 one-time payment to older seniors, announced in Budget 2021, during the week of August 16, 2021.