Rising living cost: The Government of Canada proposes to address the matter by providing a one-time relief payment of $928 to low-income families in September 2024. It will provide relief for these eligible households that cannot afford to pay for day-to-day expenses. Here is everything you need to know, from eligibility to how you can receive this much-needed help.
Who Is Eligible for the $928 Payment
To start this payment, families with low income are eligible to receive the benefit without applying for those already receiving some government benefits. These qualifications are:
- Residency: Only Canadian residents are eligible.
- Income Threshold: Family income must fall below a set limit, which varies based on household size but generally applies to families earning less than $21,000 annually.
- Existing Government Support: Those already receiving benefits like the Canada Child Benefit may automatically qualify without further application steps.
For families not receiving existing benefits, an application through the Canada Revenue Agency (CRA) is required to confirm eligibility.
How to Apply
If you’re already receiving government benefits, such as family tax credits or social assistance, you’ll automatically receive the payment. However, if you’re a new applicant, here’s a step-by-step guide to the application process:
- Visit the CRA Website: Access the financial assistance section on the CRA website.
- Complete the Application Form: You’ll need to provide details like income, residency status, and identification.
- Submit Required Documents: Proof of income and residency documents may be necessary.
- Submit and Wait for Approval: Once you submit, the CRA will review your information and confirm your eligibility.
Payment Schedule and Mode
Payments will be directly deposited into the bank accounts of eligible families between September 19 and 25, 2024. For those without direct deposit, paper checks may arrive by October 9, 2024. It’s recommended to check your bank or mail frequently around these dates to confirm receipt.
Summary
| Criteria | Details |
|---|---|
| Payment Amount | $928 |
| Eligible Families | Low-income Canadian households |
| Automatic Eligibility | Existing government benefits recipients |
| Application Required? | Yes, if not already receiving benefits |
| Distribution Dates | September 19 – 25, 2024 (Direct Deposit) |
| Paper Check Arrival | By October 9, 2024 |
| Application Portal | CRA website |
Why This Support Matters
This payment represents a vital lifeline for families, helping them tackle daily expenses amid a challenging economy. With prices for essentials rising, these funds aim to ease the burden for households most impacted by financial strain.
FAQs
- What if I don’t receive my payment by the end of September?
If you haven’t received it by October 10, 2024, contact the CRA or check the CRA online portal. - Can I apply if I haven’t received other benefits?
Yes, if you haven’t received other support, you can apply on the CRA website to verify eligibility. - Is this payment recurring?
Currently, this payment is a one-time relief measure, though future programs may be introduced based on economic needs.
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