he Government of Canada has a number of benefits, payments and credits that will be sent out to eligible Canadians in October 2023.
For Canadians struggling with the rising cost of groceries, rent and just about everything else, it’s best to double-check your eligibility for a number of federal programs since you could be paid out hundreds of dollars throughout the month.
A few of the federal credits in Canada include the Canada Child Benefit, Canada Workers Benefit, and the GST/HST credit, all of which are being paid out this October.
So, here are the three federal credits and benefits Quebec residents could receive this October:
The Canada Child Benefit is a tax-free monthly payment made to eligible families who require additional help with the cost of raising children under the age of 18 years old. The Canada Child Benefit may also include the child disability benefit and any other related provincial or territorial financial programs.
To be eligible for the Canada Child Benefit you need to meet all of the following requirements:
Canadians can expect to be paid from the Canada Child Benefit on Friday, October 20, 2023.
The Canada Workers Benefit is a refundable tax credit to help certain Canadians (both individuals and families) who are working and earning a low income. The Canada Works Benefits is divided into two parts: a basic amount and a disability supplement.
The maximum basic amount for the Canada Workers Benefit is $1,428 for single individuals and $2,461 for families. However, it should be noted that the payment amount can vary for residents of Quebec, Nunavut and Alberta.
The maximum amount for the disability supplement is $737 for single individuals and $737 for families. Canadians should expect to receive their Canadian Workers Benefit payment on Thursday, October 13, 2023.
The goods and services tax/harmonized sales tax, also known as the GST/HST credit is a tax-free quarterly payment issued by the Canada Revenue Agency that helps individuals and families with low and modest incomes offset the GST or HST that they pay. Canadians who file their taxes are automatically considered for the GST/HST credit.
The payment period is between July 2023 and June 2024, and Canadians could receive up to:
Post Credit: MTL Blog By Mike Chaar
(https://www.mtlblog.com/canada-federal-benefits-credits-payment-october#:~:text=The%20Canada%20Workers%20Benefit%20is,amount%20and%20a%20disability%20supplement.)
