Canada’s $928 Low-Income Family Payment in February – Everything You Need to Know
A new financial assistance program has been making headlines in Canada—a one-time $928 payment for low-income families set for February 2025. But what are the details, and who qualifies? Here’s a breakdown of this initiative, including eligibility, the application process, and payment timelines.
What is the $928 Low-Income Family Payment?
Announced in August 2024, this payment aims to support families struggling with rising living costs. The initiative is part of the Canadian government’s broader strategy to reduce financial hardship and provide relief for essential expenses like housing, food, and childcare.
Is It Real? Official Confirmation
Yes, this initiative has been officially announced by the Canada Revenue Agency (CRA). However, to receive the payment, eligible families must apply before January 31, 2025.
Who is Eligible?
To qualify for the $928 payment, applicants must:
- Have an annual income below $30,000
- Be Canadian residents
- Have at least one child under 18
- File their 2024 tax return
- Apply before the January 31, 2025 deadline
How to Apply?
- Visit the CRA Family Benefits page and locate the $928 payment section.
- Fill out the application form with personal and financial details.
- Upload required documents such as proof of income, residency, and dependent verification.
- Submit the application before the deadline and track your status online.
Payment Date and Method
Approved applicants will receive the payment starting February 15, 2025, through:
- Direct Deposit (linked to their CRA account)
- Mailed Cheque (if no direct deposit is set up)
Additional Financial Support for Low-Income Families
Apart from this one-time payment, Canadian families may also benefit from:
- Canada Child Benefit (CCB) – Monthly financial support for families with children
- GST Payment/HST Credit – Tax-free quarterly payments to offset tax costs
- Provincial Assistance Programs – Additional support varies by province
Frequently Asked Questions (FAQs)
- Is the payment taxable?
No, it is tax-free.
- Can both parents apply?
No, only the primary caregiver receives the payment.
- What if I miss the deadline?
Late applications will not be accepted.
- How to check approval status?
Log into CRA’s My Account for updates.
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