Canada is rolling out a wide range of financial benefits in June 2025 aimed at helping retirees, low-income families, and residents dealing with the rising cost of living and carbon tax impacts.
From the Canada Pension Plan to the Ontario Trillium Benefit, each payment is tailored to support specific groups during financially challenging times.
Whether you’re a senior, a working parent, or just trying to stretch your income further, knowing these programs can help you stay on top of your financial well-being.
Overview
Here’s a snapshot of the key benefits coming in June 2025:
| Benefit | Eligible Recipients | Payment Date | Amount |
|---|---|---|---|
| Canada Pension Plan (CPP) | Workers and retirees | June 26, 2025 | Up to $1,364.60/month |
| Old Age Security (OAS) | Seniors 65 and older | June 26, 2025 | Up to $800.44/month |
| Guaranteed Income Supplement (GIS) | Low-income seniors | June 26, 2025 | Up to $1,000+/month |
| Ontario Trillium Benefit (OTB) | Ontario residents | June 10, 2025 | Varies by income/family size |
| Canada Carbon Rebate | Carbon tax-affected provinces | June 20, 2025 | Varies by province/income |
Each benefit is meant to ease financial pressure and promote long-term stability for Canadians across various demographics.
CPP
The Canada Pension Plan offers monthly payments to individuals who contributed during their working years. It provides a retirement income, and in some cases, disability or survivor benefits.
Eligibility:
- You must have contributed to CPP at least once.
- The amount depends on how much and how long you contributed.
Payment Details:
- June 2025 payment arrives on June 26.
- Maximum monthly payout: $1,364.60.
- Average payout: $816.52.
Tip: Delaying CPP beyond age 65 can increase your monthly amount up to 42% if delayed until age 70.
OAS
Old Age Security is a monthly payment for Canadians aged 65 or older. Unlike CPP, it’s not tied to work history or income level, although high-income earners may face reductions.
Eligibility:
- Must be at least 65 years old.
- Must have lived in Canada for at least 10 years after age 18.
Payment Details:
- June 2025 payment: June 26.
- Up to $800.44 for those 75+, $727.67 for ages 65–74.
Tip: If your income is high, OAS may be reduced through the OAS Clawback.
GIS
The Guaranteed Income Supplement boosts incomes for low-income seniors already receiving OAS. It helps reduce poverty among older Canadians.
Eligibility:
- Must be receiving OAS.
- Based on income and living situation (alone, with partner, etc.).
Payment Details:
- Paid June 26, 2025.
- Can exceed $1,000/month depending on income and marital status.
Tip: File your taxes every year to ensure accurate and uninterrupted payments.
OTB
The Ontario Trillium Benefit combines several provincial tax credits into one monthly payment, helping with property taxes, energy costs, and sales tax expenses.
Eligibility:
- Ontario residents who qualify for tax credits like OEPTC, NOEC, or OSTC.
- Based on income and number of dependents.
Payment Details:
- Paid June 10, 2025.
- Varies: families under $35,902 income may receive $2,188 for one child.
Tip: You must file your tax return by April 30 to receive OTB payments.
Rebate
The Canada Carbon Rebate offsets carbon tax costs for households in participating provinces like Ontario, Alberta, Manitoba, and Saskatchewan.
Eligibility:
- You must live in a province under the federal carbon pricing system.
Payment Details:
- Paid June 20, 2025.
- Amount varies based on household size and location.
Tip: Make sure your CRA My Account info is current to avoid delays.
Apply
Applying for these benefits is more straightforward than many expect.
For CPP:
- Apply through your My Service Canada Account.
- Have your SIN and banking info ready.
For GIS:
- Automatically applied when you apply for OAS.
- Annual tax filing determines amount.
For OTB:
- File your Ontario tax return.
- Income and dependents determine eligibility.
For Carbon Rebate:
- No formal application required.
- CRA calculates eligibility based on your filed tax return.
Mistakes
Avoid these common pitfalls:
- Missing tax return deadlines
- Entering wrong banking details
- Not updating personal information with CRA or Service Canada
Getting these simple things right can mean faster, more accurate payments.
Whether you’re receiving a pension, caring for children, or managing rising energy costs, June 2025 offers critical financial help. By knowing your eligibility, filing on time, and keeping your records up to date, you can make sure you don’t miss out.
FAQs
When is the June 2025 CPP payment?
June 26, 2025.
Who qualifies for OAS?
Canadians 65+ with at least 10 years residency.
How do I get the Ontario Trillium Benefit?
File your Ontario tax return before April 30.
What is the GIS payment amount?
Up to $1,000/month based on income.
Do I need to apply for the carbon rebate?
No, CRA calculates it from your tax return.
