The federal and provincial/territorial governments of Canada are known for combinedly running several financial support programs and tax credits in the country. These programs are known as Federal, Provincial and Territorial (FPT) programs which are responsible for the betterment and welfare of the citizens. These payments intend to provide a much-needed monetary support and tax relief to the low-income individuals and their households. A person will be required to qualify certain requirements in order to receive these benefits in 2024. Keep reading this post to get all the latest updates on the Canada FPT Payment Dates 2024 including the number of financial support programs and tax credits, so that you cannot miss any updates.
Canada FPT Payment Dates 2024
The Canada Revenue Agency (CRA) is responsible to manage all the financial support programs and tax benefits. These programs and tax deposits are combinedly known as the FPT payments. The Canada FPT is the collaboration between the federal and provincial/territorial governments to issue tax relief and monetary support to the eligible citizens of the country. However, there are a number of financial support programs and tax credit of which a person is eligible but there are many instances in which a person is unaware of their eligibility regarding the payment.
$1400/Person & $3600 CTC Payment 2024
After you have filed your tax returns, you can see “dn canada fpt” in the deposit statement which stats one of the payments or credit that you are entitled to claim under FPT. Thus, it is advised to be attentive of any benefit that you are entitled to claim while you file your federal tax returns. The Canada FPT payment dates and the amount that you are receiving may differ as per the province or territory in which you are residing. The payment amount or tax credit is directly transferred to the bank accounts of the claimants via direct deposits on the scheduled payment date.
Canada FPT Payment Dates Highlights
| Post title | Canada FPT Payment Dates 2024 |
| Country | Canada |
| Governed by | Federal government of Canada |
| Department | Canada Revenue Agency (CRA) |
| Category | Government aid |
| Applicable for | Eligible citizens |
| Based on | Federal Provincial and Territorial Programs |
| Purpose | To provide monetary support and tax reliefs |
| Year | 2024 |
| Official website | canada.ca |
What is the Canada Federal Programs and Tax Reliefs?
The Canadian government and the CRA offers the following programs to the low-income or no income individuals and their households on qualifying the eligibility requirements:
- Canada Child Benefit (CCB)
- Canada Pension Plan (CPP)
- Old Age Security (OAS)
- Guaranteed Income Supplement (GIS)
- Employment Insurance (EI)
- Disability Tax Credit
- Canada Workers Benefit (CWB)
- GST/HST Credit
- Canada Dental Benefit
- Canada Carbon Rebate (CCR)
- Child Disability Benefit
- Home Accessibility Tax Credit
What are the Provincial/Territorial Benefits in 2024?
Alberta
- Alberta Child and Family Benefit (ACFB)
British Columbia
- British Columbia Benefit (BCFB)
- British Columbia Action Tax Credit (BCCATC)
New Brunswick
- New Brunswick Tax Credit (NBCTB)
- New Brunswick Harmonized Sales Tax Credit (NBHSTC)
Newfoundland and Labrador
- Newfoundland and Labrador Child Benefit
- Newfoundland and Labrador Income Supplement
- Newfoundland and Labrador Disability Amount (NLDA)
- Newfoundland and Labrador Senior’s Benefit
Northwest Territories
- Northwest Territories Child Benefit
- Northwest Territories Cost of Living Offset (NTCOLO)
Nova Scotia
- Nova Scotia Child Benefit (NSCB)
- Nova Scotia Affordable Living Tax Credit (NSALTC)
Nunavut
- Nunavut Child Benefit (NUCB)
- Nunavut Carbon Credit (NCC)
Ontario
- Ontario Trillium Benefit (OTB)
- Ontario Child Benefit (OCB)
- Ontario Senior Homeowners’ Property Tax Grant (OSHPTG)
Princ Edward Island
- Prince Edward Island Sales Tax Credit
Saskatchewan
- Saskatchewan low-income tax credit (SLITC)
Yukon
- Yukon Child Benefit (YCB)
- Yukon Government Carbon Price Rebate – Individuals (YGCPRI)
Other provincial and territorial benefits include Social Assistance Programs, Seniors’ Benefits, Housing Benefits, Provincial Health Benefits, Education and Training Grants.
Canada FPT Payment Dates – Federal Programs 2024
The eligible beneficiaries are able to receive the federal benefits under the Canada FPT Payment on the scheduled payment dates. You can check the Canada federal programs payment schedule in the following tables:
Canada Pension Plan and Old Age Security Dates
The CPP and OAS payments arrive in the last week of the month. The Canadian government will use your income history during your employment years while determining your pension. On the other side, your income will not be asses for the OAS payment.
| Month | CPP and OAS payment dates |
| July | July 29, 2024 |
| August | August 28, 2024 |
| September | September 25, 2024 |
| October | October 29, 2024 |
| November | November 27, 2024 |
| December | December 20, 2024 |
GST/HST Credit
The Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit is a tax-free payment that is distributed by the CRA on a quarterly basis. The credit intends to help individuals and families with low-income to balance the GST or HST that they pay.
| Month | Payment dates |
| April | April 05, 2024 |
| July | July 05, 2024 |
| October | October 04, 2024 |
Canada Child Benefit
The CCB is a tax-free payment that is provided to the eligible families of Canada to provide a financial help with the cost of raising children under the age of 18. The payment is distributed by the CRA on a monthly basis.
| Month | Payment dates |
| July | July 19, 2024 |
| August | August 20, 2024 |
| September | September 20, 2024 |
| October | October 18, 2024 |
| November | November 20, 2024 |
| December | December 13, 2024 |
Ontario Trillium Benefit (OTB)
The OTB is the combined payment of the Ontario Energy and Property Tax Credit, the Northern Ontario Energy Credit and Ontario Sales Tax Credit.
| Month | Payment dates | |
| July | July 10, 2024 | |
| August | August 9, 2024 | |
| September | September10, 2024 | |
| October | October 10, 2024 | |
| November | November 8, 2024 | |
| December | December 10, 2024 |
Veterans Disability Pension
| Month | Payment dates |
| July | July 30, 2024 |
| August | August 29, 2024 |
| September | September 26, 2024 |
| October | October 30, 2024 |
| November | November 28, 2024 |
| December | December 23, 2024 |
NOTE: The payment dates for the provincial and territorial benefits may differ as per the province or territory in which you are residing. To ger the latest updates on the Canada FPT Payment Dates, you can visit the official website of the concerned province or territory in which you receiving the benefits. Apart from that, eligible beneficiaries can also direct to the official web portal of the CRA.
| Home Page | Click Here |
David has spent Several years reporting on the oil and gas industry, uncovering the latest trends and technological breakthroughs. His expertise in energy markets and passion for sustainable practices make his articles both insightful and forward-thinking. Davis’s in -depth analyses are a staple for professionals seeking to stay ahead in this dynamic field.