Canada is stepping up big time this June 2025 with a lineup of financial benefits that could bring real relief to households across the country. Whether you’re a retiree on a fixed income, a low-income family, or someone just trying to make ends meet, this month’s benefits could put hundreds—if not thousands—back in your pocket. From pensions to rebates, there’s a lot to gain if you know what to claim.
CPP – Canada Pension Plan
The Canada Pension Plan is a core support for retired workers, with payouts based on how much you contributed during your career. If you’ve worked and paid into CPP, you may already be eligible. The June 2025 payment lands on June 26, with a maximum possible payout of $1,364.60. Most recipients will receive around $816.52. And remember, if you delay your CPP claim until age 70, your monthly benefit can rise by up to 42%.
OAS – Old Age Security
Old Age Security supports Canadians aged 65 and over, whether or not they worked during their lives. To qualify, you must have lived in Canada for at least 10 years after age 18. The June payment comes on the 26th. Those aged 65–74 may receive up to $727.67, while seniors aged 75+ can collect as much as $800.44. However, high-income earners may see their benefit reduced due to the OAS clawback rule.
GIS – Guaranteed Income Supplement
If you’re already receiving OAS and have little to no additional income, the GIS can be a financial game changer. This benefit is paid out on June 26 alongside OAS. It can exceed $1,000 a month depending on your household income and marital status. To stay eligible, filing your taxes each year is essential—no tax return, no payment. This support aims to reduce financial hardship among older Canadians.
OTB – Ontario Trillium Benefit
Ontario residents can expect help through the Ontario Trillium Benefit, which includes credits for energy, property tax, and sales tax. Paid on June 10, this benefit varies by household income and size. For instance, families earning below $35,902 could receive as much as $2,188 annually for one child. To get your payment, you must file your Ontario tax return by April 30. No return? No benefit.
Canada Carbon Rebate
Designed to ease the impact of the carbon tax, the Canada Carbon Rebate returns funds directly to households in provinces under the federal pricing system, including Alberta, Ontario, and Saskatchewan. Payments go out on June 20. The exact amount depends on your province and household size. No application is needed—just file your taxes and keep your CRA “My Account” info up to date for timely deposits.
How to Apply
For CPP and OAS, apply through your My Service Canada Account. Make sure you have your SIN, banking information, and ID ready. GIS is usually auto-applied with your OAS application. The OTB is based on your Ontario tax return, so simply file your taxes with all dependents and credits accurately listed. The Canada Carbon Rebate doesn’t require an application—CRA calculates it for you.
Avoid These Mistakes
Don’t let paperwork delay your money. Missed tax deadlines, outdated bank info, or unreported life changes can freeze your payments. Always double-check your tax return for errors, and ensure your CRA and Service Canada profiles are current. The biggest mistake people make is assuming they’re already enrolled when they’re not.
Disclaimer: This article is for informational purposes only and does not provide financial or legal advice. Eligibility criteria, payment amounts, and dates are subject to change by the Government of Canada. For the most accurate and current details, visit the official websites of CRA or Service Canada.
