The Canada Fed deposit is a payment you receive from government benefit programs, such as the Canada child benefit, GST/HST tax credit, Canada workers benefit, or a related program. These program payments could be delivered to your bank account in one lump sum under the label, "Canada Fed."
The payment schedule for these programs is available for 2025, but when you receive your payment will depend on which program(s) you’re eligible for. How much you receive also depends on the program and your personal situation.
Let’s look closely at the Canada Fed benefits, how much you’ll be paid, and when you can expect your payments.
Key Takeaways
- Receiving a Canada Fed deposit means you're receiving payment for a federal benefit program you're enrolled in.
- Benefit programs included under the Canada Fed banner are the Canada child benefit, GST/HST tax credit, and the Canada workers benefit.
- Canada Fed deposit dates can be different, depending on which benefit program(s) you're enrolled in.
- Your payments will be directly deposited into your account if you have that option set up in your Canada.ca account, otherwise it will come as a cheque through the mail.
What benefits are included in the Canada Fed deposit?
Canada Fed deposits consist of payments from one or more of 4 government benefit programs:
- Canada Child Benefit (includes Child Disability Benefit)
- GST/HST Tax Credit
- Canada Workers Benefit
- Canada Carbon Rebate
You could qualify for any combination of these benefits, and the payments would be combined into one and listed simply as "Canada Fed" on your bank statement.
In some cases, you don't even need to directly apply for the benefits – you're automatically considered for them when you submit your taxes every year. That makes receiving a Canada Fed deposit all the more surprising (though not less appreciated).
Here's an overview of the 3 benefit programs included under the "Canada Fed" label.
| Benefit program | Overview | Eligibility details |
|---|---|---|
| Canada child benefit (CCB) | * A monthly benefit payment * Offers assistance to help Canadian families offset the cost of childcare from birth to 18 years of age | * Must live with a child (younger than age 18) * Must be the guardian providing primary care * Be a Canadian resident (for tax purposes) * Be either a Canadian citizen, resident, protected person, temporary resident, or someone who falls under the Indian Act guidelines * Adjusted family net incomes (AFNI) above $36,502 are still eligible but benefit amounts are reduced |
| Child disability benefit | * A monthly benefit payment * Provides financial support for parents of children with disabilities * Is an addition to your CCB payments | * Must be eligible for CCB * Have a child who qualifies for the disability tax credit (DTC) * Your eligible child is under the age of 18 * AFNIs above $79,087 are still eligible but benefit amounts are reduced |
| GST/HST | * A quarterly benefit payment * Provided as a means of offsetting the cost of sales taxes | * Must be at least 19 years old * If single, AFNI must be under $72,244 * If married or with a partner, AFNI must be under $72,244 |
| Canada workers benefit (CWB) | * A refundable tax credit * Provided to help low-income workers with everyday living costs | * Must be employed and earning income * Be a Canadian resident * Be at least 19 years old * Must pay taxes in Canada * Earn more than $3,000 in annual income * Have an individual net income under $35,095, or a family net income of $45,934 |
| CWB disability supplement | * A refundable tax credit * Is an addition to the CWB * Provides financial assistance for low-income workers with a disability | * Must be eligible for CWB * Must be eligible for the Disability Tax Credit * If single, AFNIs above $24,975 may have reduced payment amounts * If married or with a partner, AFNIs above $28,494 may have reduced payment amounts |
| Canada Carbon Rebate | * A quarterly, tax-free payment with a rural supplement for eligible residents * Used to be known as the Climate Action Incentive Payment * If you file your taxes in any of the eight provinces listed, you will receive a quarterly payment if you are eligible | * Only open to residents of Alberta, Manitoba, New Brunswick, Newfoundland & Labrador, Ontario, Prince Edward Island, and Saskatchewan * At least 19 years old one month before CRA makes payment * Under 19 years old and are/were married or have/had common-law spouse, OR are/were a parent and live/lived with your child * Amount depends on family situation and where you reside, not adjusted family net income Note: For 2025, the rural supplement is reverting back to 2016 Census data. If you were deemed ineligible last year, you should try again – you may be eligible now. |
When are Canada Fed payment dates?
To help budget your time and money accordingly, it can be helpful to know what the Canada Fed payment dates are, but the dates actually depend on which type (or combination) of benefit you're eligible for. Some benefit programs have monthly payments while others are quarterly.
Here's a summary of the payment dates for each of the included benefits:
| Canada Fed benefit | Payment frequency | 2025 payment dates |
|---|---|---|
| CCB | Monthly near the end of the month | November 20, 2025 December 12, 2025 |
| GST/HST | Quarterly near the beginning of the month | October 3, 2025 |
| CWB | Quarterly near the beginning of the month | Note: The first quarterly payment for 2025 was issued July 28, 2023. |
| CCR | Quarterly near the middle of the month |
How to receive your Canada Fed deposit
Most payments coming from the government can be set up as direct deposits by filling out a form, either when you're submitting your taxes or at any time online. If you want payments to come ASAP and be deposited right in your chequing account, you can set up direct deposits at: Direct deposit - Canada Revenue Agency.
Otherwise, you may receive payments via cheque, which could bring with it delayed payment dates as you wait for the mail to arrive.
Canada Fed deposit amounts
How much you should expect to receive with your Canada Fed deposits depends on a number of factors, including:
- Which deposit you qualify for
- Your net income
- The amount of kids under 18 in your custody
- And more
But as a ballpark number, here's the maximum payments each Canada Fed benefit can pay out:
| Canada Fed benefit | Maximum payment amount (yearly) |
|---|---|
| CCB (monthly) | * Each child under 6: $7,787 * Each child 6 - 17 years old: $6,570 |
| GST/HST (quarterly) | * Individual: $519 * Married/common-law: $680 * For each child under 19: $179 |
| CWB (quarterly) | * Individuals: $1,518 * Families: $2,616 |
| CCR (quarterly) | * Individuals can receive between $95 to $225, depending on your living situation and where you live * A rural supplement of 20% of the base amount is also included if you are eligible * For more information see: Canada Carbon Rebate For Individuals |
Just keep in mind these payments will be sent out on either a monthly or quarterly basis, so divide it up by 12 or 4 to get the maximum amount per payment.
And since Canada Fed payments are a combination of the above benefits (plus their disability supplements, if applicable), the amount of money deposited in your account could be up to each of the above maximums combined.
Canada Fed vs. Canada Pro
In addition to the Canada Fed code you may see on your bank statement, there’s another label used by the federal government to indicate you’re eligible for government programs – this is known as the Canada Pro deposit.
Here are the differences between each label:
| Code | Benefit programs |
|---|---|
| Canada Fed | * Canada Child Benefit * GST/HST Tax Credit * Canada Workers Benefit * Canada Carbon Rebate |
| Canada Pro | * Alberta Child and Family Benefit * Northern Ontario Energy Credit * Ontario Energy and Property Tax Credit * Ontario Sales Tax Credit |
There’s also a label called "Canada FPT" which indicates you’ve received payment due to your eligibility in various programs, such as the Canada child benefit, GST/HST tax credit, or another provincial program.
Is the Canada Fed Deposit taxable?
The CRA considers Canada Workers Benefit (CWB) as taxable income.
The Canada Child Benefit (CCB), the GST/HST Tax Credit, and the Canada Carbon Rebate (CCB) are all non-taxable.
$75 GeniusCash + Unlimited transactions for $0 + Ding-free non-affiliated ATM usage.
$25 GeniusCash + $50 bonus for funding a new account, and $0 commissions on stocks & ETFs
$12 GeniusCash + Access trusted news coverage 24/7 + Digital and home subscription options.
$25 GeniusCash + Delicious meal choices with fresh ingredients + Front-door delivery.FAQ
What is Canada Fed?
"Canada Fed" is a label used by the Canadian government that refers to payments made for some of its benefit programs. These programs include the Canada Child Benefit, GST/HST tax credit, and Canada Workers Benefit.
Why did I receive a Canada Fed deposit?
You received a Canada Fed deposit because you were eligible for one of the related benefits. It's most often your tax return that determines whether you're eligible for these benefits, and you'll be automatically enrolled.
When can I expect the next Canada Fed deposit?
The next Canada Fed deposit payment date depends on which of the related benefits you and your family qualify for. Some benefit payments are provided every month, while others are sent out on a quarterly basis.
How much will I receive in a Canada Fed deposit?
The amount you receive will depend on the number of the Canada Fed benefit programs you’re eligible for, as well as the amounts you qualify for within each of the programs (based on a number of factors).
What is the GST/HST tax break?
The GST/HST is a temporary tax break between December 14th, 2024, and February 15, 2025. Essentially all groceries will be tax-free during this time. At the time of writing, it has yet to be stated that this will affect the GST/HST benefit. Enjoy some cheaper groceries!
What is the Working Canadians Rebate?
The Working Canadians Rebate is a one-time payment that will be released sometime in early Spring 2025. If you worked in 2023 and made $150,000 or less, you will receive a $250 payment through a cheque in the mail or direct deposit.
Leave a comment
Comments