The holiday season can be a tough time financially, especially for low-income families. To provide relief, the Canadian government has introduced the $928 Low-Income Family Payment, aimed at helping households cover essential costs.
This guide explains who qualifies for this payment, how to apply, and why it’s important for families across Canada.
What Are the $928 Low-Income Family Payments?
The $928 Low-Income Family Payment is a one-time direct financial assistance program set to roll out in December 2024.
Its goal is to ease the financial strain of rising living costs, particularly during the holiday season when expenses like food, gifts, and heating bills tend to increase.
Key Program Details
| Details | Description |
|---|---|
| Payment Amount | $928 per eligible household |
| Eligibility | Low-income families meeting specific income thresholds |
| Application Process | Automatic for many; others may apply via CRA portal |
| Objective | Provide financial support during the holidays |
| Timing | Payments distributed in December 2024 |
| Administered By | Canada Revenue Agency (CRA) |
Why Is This Program Important?
The cost of living in Canada has surged, with essentials like groceries up 6.9% and rents climbing 7.2% year-over-year, according to Statistics Canada.
For families living paycheck to paycheck, these increases are overwhelming.
The $928 payment offers a critical buffer, helping families cover basic expenses and enjoy the holidays without added financial stress.
Who Is Eligible for the $928 Payment?
While official eligibility criteria will be released soon, here’s what we know based on similar past programs:
1. Income Thresholds
The program likely targets households earning below certain income levels. For example:
- Families of four with annual incomes under $25,000.
- Single parents earning less than $21,000 per year.
2. Residency Requirements
Recipients must be Canadian residents or hold valid status, such as permanent residency or protected person status.
3. Automatic Eligibility for Existing Benefits
Families already receiving federal benefits like the Canada Child Benefit (CCB) or the Goods and Services Tax Credit (GSTC) may qualify automatically.
Example:
A family in Ontario earning $20,000 annually and receiving CCB payments will likely qualify without needing to apply. A family earning $35,000 might not meet the income threshold.
How to Apply for the $928 Payment
For many families, the payment will be automatic if they’re already enrolled in federal benefits programs.
However, those not registered may need to submit an application through the CRA.
Step-by-Step Guide
- Check Your Eligibility
- Confirm you meet income and residency requirements using the CRA Eligibility Calculator.
- Log in to the CRA Portal
- Access your account at www.canada.ca. If you don’t have an account, create one.
- Find the Program
- Go to the “Benefits” section and search for the $928 Low-Income Family Payment.
- Submit Your Application
- Provide accurate information, including:
- Proof of income (e.g., tax returns, pay stubs).
- Residency documentation (e.g., citizenship or permanent resident card).
- Provide accurate information, including:
- Track Your Application
- Use the CRA portal to monitor your application status and ensure all documents are processed correctly.
Tips for Families
1. Plan Wisely
Use the $928 payment to prioritize essential expenses like rent, utilities, and groceries. Consider setting aside a small amount for holiday activities.
2. Avoid Scams
Apply only through official channels, such as the CRA website. Be cautious of unsolicited emails or calls asking for personal information.
3. Combine with Other Benefits
Families can pair this payment with other federal or provincial supports, like:
- Canada Child Benefit (CCB)
- GSTC
- Ontario Trillium Benefit
Beyond Financial Support
This payment isn’t just about money—it provides:
Psychological Relief
Financial stress can harm mental health. Having extra funds for necessities can reduce stress and let families focus on quality time together.
Economic Impact
Families typically spend benefits on local goods and services, boosting small businesses and local economies.
The $928 Low-Income Family Payment is a timely lifeline for Canadian families facing financial challenges.
Whether it helps cover basic needs or eases the burden of holiday expenses, this payment can make a meaningful difference. If you think you might qualify, check your eligibility and apply today through the CRA portal to secure this much-needed support.
