6 Federal Benefits, Tax Credits Canada You Can Get Money From In 2024 If You're Single 

In 2024, single individuals can benefit from various federal programs, credits, and payments, offering substantial financial support throughout the year.

GST/HST Credit: Offers tax-free payments to offset goods and services tax/harmonized sales tax, up to $496 for singles and $171 per child under 19. Payment dates: January 5, April 5, July 5, October 

Advanced Canada Workers Benefit (ACWB): Provides up to 50% of CWB in advance, with maximum basic amount of $1,428 and disability supplement of $737 for singles. Payment dates: January 12, July 12, October 11.

 Canada Pension Plan (CPP): Monthly taxable benefit for retirees, with maximum monthly amount of $1,364.60. Payment dates spread throughout the year.

Old Age Security (OAS): Monthly pension for individuals aged 65 and older, with maximum monthly payments ranging from $713.34 to $784.67. Payment dates coincide with CPP.

Canada Child Benefit (CCB): Monthly tax-free payment to assist with raising children under 18, offering up to $7,437 per year per child. Payment dates: Various dates each month.

Climate Action Incentive Payment: Tax-free payment to help offset federal pollution pricing, varying by province and family situation. Quarterly payments ranging from $368 to $772, with payment dates: January 15, April 15, July 15, October 15.

More stories Swipe UP!