If you’re living in Canada and wondering whether you qualify for a $500 one-time payment in 2025, you’re not alone. The Canadian government has rolled out two financial support programs aimed at helping Canadians cope with rising costs.
These include a one-time top-up to the Canada Housing Benefit and a separate $500 payment for seniors aged 75 and older.
These payments are part of a broader effort to support people dealing with inflation, especially those on low incomes or fixed retirement pensions. Here’s what you need to know, including eligibility rules, how to apply, and when to expect your payment.
Programs
Here’s a quick comparison of the two support programs:
| Program | Eligibility | Payment | Application | Payment Method |
|---|---|---|---|---|
| Canada Housing Benefit Top-Up | Renters: Individuals ≤ $20k, Families ≤ $35k | $500 (tax-free) | Yes | Direct deposit or cheque |
| One-Time Payment for Seniors | Age 75+ with OAS, born before June 30, 1947 | $500 (taxable) | No | Direct deposit or cheque |
The $500 support is targeted, not universal. Each program has unique eligibility criteria, so make sure to check your situation closely.
Housing
This one-time top-up to the Canada Housing Benefit helps renters with low incomes. Rising rent prices are pushing many to the edge, and this payment is designed to offer temporary relief.
Who Can Apply?
To qualify, you must meet these conditions:
- income limits:
- individuals must have made $20,000 or less
- families must have made $35,000 or less
- rent paid: must have paid at least 30% of your 2022 income on rent
- residency: must live in Canada and rent your principal residence
Your eligibility is based on your 2022 tax return, so make sure it’s been filed.
How to Apply
You’ll need to apply through the CRA. Here’s how:
- Log in to CRA My Account
- Navigate to the Benefits and Credits section
- Select the One-Time Housing Top-Up option
- Submit your rental expenses and upload any required documents
- Wait for CRA to confirm your eligibility
If you’re approved, payment should arrive in 5–10 business days. If you can’t apply online, call CRA at 1-800-282-8079 for help.
Seniors
This payment is for Canadians who are at least 75 years old and receive Old Age Security (OAS). While a similar payment was made in 2021, the 2025 version is aimed at helping with rising costs tied to housing, food, and health care.
Who Qualifies?
To receive this payment automatically:
- you must be born on or before June 30, 1947
- you must be receiving OAS pension
- no application is needed; CRA determines eligibility
You’ll be notified by mail or through your CRA My Account if you qualify.
Payment Info
- amount: $500 (taxable)
- method: same as your OAS – cheque or direct deposit
- when: payments are expected by August 2025, pending budget approval
Importance
Why does this matter? For starters, rents in Canada rose over 6% in 2023, with major cities like Toronto and Vancouver seeing even higher increases. Meanwhile, seniors are dealing with everything from soaring prescription drug prices to higher utility bills.
These payments are small, but they help. Think of them as a lifeline rather than a long-term fix.
Tax
Here’s what you need to know:
- housing benefit: tax-free, will not affect your benefits
- senior payment: taxable, will appear on your T4A(OAS)
Scams
With government money comes scam attempts. CRA and Service Canada will never:
- text or email asking for banking info
- ask for payment verification through a link
- call and demand payment via e-transfer or gift cards
If you’re unsure, visit the official CRA site or call 1-800-959-8281.
FAQs
Who gets the $500 housing payment?
Low-income renters who meet income and rent criteria for 2022.
Is the senior payment automatic?
Yes, for seniors 75+ receiving OAS—no application needed.
Is the $500 housing top-up taxable?
No, the housing benefit is completely tax-free.
How do I apply for the rent benefit?
Use CRA My Account or call 1-800-282-8079 to apply.
When will seniors get the $500 payment?
Payments are expected by August 2025.
