Canadians are getting money from the government this week

Eligible Canadians will get money from the government this week through several federal programs and one provincial program.

With many Canadians grappling with rising living costs, these benefits certainly go a long way, so make sure to check if you’re eligible.

This week, families in Alberta can look forward to the Alberta Child and Family Benefit (ACFB), which is paid out to each child. Eligible Canadians will receive three types of pensions this week: the Canada Pension Plan (CPP), the Old Age Security (OAS) pension, and the Veteran Disability Pension.

Find out more about the different ways that Canadians will receive money from the government this week, along with the eligibility requirements for each program.

Alberta Child and Family Benefit (ACFB) — May 27

The Alberta Child and Family Benefit offers financial support to lower- and middle-income families with children under the age of 18. To be eligible, families must meet the income criteria, file a tax return, reside in Alberta, and have one or more children under 18.

Families are automatically considered for this benefit when filing annual tax returns.

According to the Canada Revenue Agency (CRA), parents can expect $7,787 per year ($648.91 per month) for each eligible child under the age of six and $6,570 per year ($547.50 per month) for each eligible child aged six to 17.

The child disability benefit (CDB) is included in the CCB for families caring for children who have a severe and prolonged impairment in physical or mental functions. Families can receive CDB payments of up to $3,322 per year or $276.83 monthly.

Canada Pension Plan — May 28

Canadians who qualify for this benefit can expect to receive this month’s payment on May 28. The Canada Pension Plan (CPP) is a monthly benefit for Canadians at least 60 years old and have made at least one valid contribution to the CPP.

Working Canadians over 60 can still qualify for the full payment — in fact, if you’re working and under 70, you can contribute towards post-retirement benefits (PRB), which will increase your retirement income.

The amount you receive depends on when you decided to start your pension, the amount you contributed, how much you earned throughout your working life, and how long you contributed to the CPP. New beneficiaries aged 65 will receive an average monthly payment of $899.67. The maximum monthly payment you can receive is $1,433.

Eligible Canadians will receive CPP payments on Wednesday, May 28.

Old Age Security (OAS) pension — May 28

Canadians 65 and older can qualify for the Old Age Security (OAS) monthly pension. Unlike the CPP, your eligibility does not depend on your work history.

Those living in Canada can qualify for this benefit if they’re 65 and older, a citizen or resident when their pension application is approved, and have resided in Canada for at least 10 years since age 18. However, if you’re living outside Canada, you must meet the same age requirement, be a citizen or resident on the day before you left Canada, and have resided in Canada for 20 years since the age of 18.

Canadians aged 65 to 74 can receive up to $727.67 per month in 2025 if their net annual world income in 2023 is less than $142,609. However, Canadians aged 75 and over can receive a maximum of $800.44 if their annual net world income in 2023 is less than $148,179.

Payments will go out on Wednesday, May 28.

Veteran Disability Pension — May 29

Some Canadians will be eligible for a tax-free disability payment to support their well-being. To qualify for the Veteran Disability Pension, you must be one of the following:

• A member or veteran of the Canadian Armed Forces
• A member or former member of the Royal Canadian Mounted Police (RCMP)
• A Second World War or Korean War Veteran (includes Merchant Navy), or an eligible civilian who served in the Second World War

To qualify, you must have a diagnosed medical condition or disability and be able to show that it was related to your service. Eligible candidates can receive a lifetime monthly benefit or lump sum for Pain and Suffering Compensation. Rates vary depending on the extent of the disability, and the monthly payments can range from $69.60 to $1,391.98.

The second type of lifetime benefit is the disability pension. The monthly amount depends on the number of dependents, such as your spouse, common-law partner, and/or children.

Those who qualify for this benefit can expect to receive money from the government on Thursday, May 29.

June is right around the corner, and with it comes several federal and provincial government benefits, so mark your calendar.

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