Ontario Residents to Receive 3 New CRA Benefit Payments in March 2026
As March 2026 approaches, Ontario residents are set to receive three crucial payments from the Canada Revenue Agency (CRA). Amid rising housing costs and inflation, these payments aim to provide essential financial support to families, individuals, and seniors.
Three New CRA Benefit Payments in March 2026
This month marks the distribution of significant CRA benefits designed to assist various segments of the population, including families with children, seniors, and eligible temporary residents. Below is an overview of these benefits, focusing on eligibility, payment dates, and maximum amounts for the current benefit year.
1. Canada Child Benefit (CCB)
The Canada Child Benefit is a vital source of support for families raising children under 18. These tax-free monthly payments help offset various costs associated with childcare and upbringing.
Eligibility for CCB
- Must be a Canadian resident including citizens, permanent residents, and eligible temporary residents.
- Primary caregiver for a child under 18 years old.
- In shared custody scenarios, payments can be divided between parents.
Maximum Payments for 2025-2026
| Child Age | Annual Maximum | Monthly Maximum |
|---|---|---|
| Under 6 years old | $7,997 | $666.41 |
| 6 to 17 years old | $6,748 | $562.33 |
| Child Disability Benefit (per child) | $3,411 | $284.25 |
Payment Date in March 2026
The CCB payment is scheduled for Friday, March 20, 2026. Families can prepare for expenses like spring clothing and activities during this time.
2. Ontario Trillium Benefit (OTB)
The Ontario Trillium Benefit is a combined support system that addresses sales tax, energy costs, and property taxes for Ontario residents.
Components of OTB
- Ontario Sales Tax Credit (OSTC): Offsets the provincial sales tax on purchases.
- Ontario Energy and Property Tax Credit (OEPTC): Supports property taxes and energy costs.
- Northern Ontario Energy Credit (NOEC): Provides additional support for residents in Northern Ontario regions.
Eligibility for OTB
Candidates must have been Ontario residents on December 31, 2024, and filed their 2024 tax return.
Maximum OTB Payments for 2025-2026
| Credit Component | Maximum Annual Amount |
|---|---|
| OSTC (per adult or child) | Up to $371 |
| OEPTC (non-seniors under 65) | Up to $1,283 |
| OEPTC (seniors 65 and older) | Up to $1,461 |
| NOEC (single individuals) | Up to $185 |
| NOEC (families) | Up to $285 |
Payment Date for March 2026
OTB payments will be delivered on Tuesday, March 10, 2026, allowing households to budget effectively for ongoing expenses.
3. CPP and OAS Payments
For seniors, the Canada Pension Plan (CPP) and Old Age Security (OAS) provide vital monthly income. These benefits support daily living costs and healthcare needs during retirement.
CPP Overview
- Eligibility: Start receiving CPP between ages 60 and 70.
- Maximum CPP payment at age 65: $1,560, with the average around $850.
OAS Details
- Eligibility: Must be 65 or older with at least 10 years of Canadian residency.
- Maximum OAS payment (ages 65-74): $740; over age 75: $814.
Payment Date for CPP and OAS in March 2026
Both CPP and OAS payments will be issued on Friday, March 27, 2026, aiding seniors in managing monthly expenses.
How to Access March 2026 CRA Benefits
Residents can register for these benefits through various methods:
- CCB: Register via CRA My Account or submit Form RC66.
- OTB: No separate application; eligibility is determined by the 2024 tax return.
- CPP and OAS: Apply online or submit a paper application at least six months prior to desired payment start date.
In conclusion, the CRA benefits paid in March 2026 play a crucial role in supporting Ontarians. By understanding these benefits, residents can ensure they receive the financial assistance they need.
