Canada’s CRA $460 Monthly Benefit – Who Gets It & When in February 2025?

Overhead living in Canada has been soaring, casting a heavy weight on the financial status of its denizens and families. In order to dissipate this financial pressure, a new scheme has been announced by the CRA (Canada Revenue Agency).

The crux of this scheme would be to avail additional financial assistance to those who are finding it difficult to cope with inflation and rising expenses. As reported, the estimated budget of CRA for this payment stands at $2 billion, to be provided especially to low-income families and senior citizens-the ones who most need this financial assistance.

Most of the payment is likely to be providing through GST credits to relieve eligible citizens suffering from inflation. Importantly, GST credits are normally paid once every three months. Presently, this news has gone viral on social media asserting that the CRA would be issuing a monthly payment of $460, but this has not yet received official confirmation.

After this news flared up, many people wondered about this scheme, but finding clarification on this issue has to be prioritized.

CRA GST Credit Payment In Feb 2025- Overview 

Canada GST Credit Eligibility 2025

There has been no official announcement yet by the CRA about this $460 GST credit payment; however, if this scheme comes into being, possible eligibility criteria would be:

• This benefit is available only to persons who are residents or citizens of Canada.
• Residents must file their taxes on time.
• Must follow whatever income limit is set by the CRA.
• The eligible person must have an age of at least 19 years or older.

CRA Goods & Services Tax Credit Deposit Dates 2025

No fixed payment dates for this scheme have yet been declared by the CRA. However, if the $460 credit payment is to be given, it will probably follow the current GST credit payment schedule. The CRA does not really make any GST credit payments in February. Expected candidates for GST credit payments in 2025 would be:

$696, $743, $575, $812 Disability Benefit 2025: Eligibility & Full Payment Schedule

• January 3, 2025
• April 4, 2025
• July 4, 2025
• October 3, 2025

Payment dates will be announced by the CRA after approval of the plan. Eligible beneficiaries are therefore advised to check for updates on the CRA’s official website or My Service Canada Account. The beneficiaries will be receiving payments on whichever mode they opted for payment collection—Direct Deposit or Mailed Check.

Fact Check: $460 CRA GST Tax Credit 2025

The CRA has not officially validated this $460 monthly payment at the moment. Though it has been touted in several reports to be some form of GST credit payment. Moreover, there have been no announcements with respect to such initiative from the CRA or Service Canada. GST credits are generally released every quarter; however, this specific scheme is being touted as a monthly payment which puts the claim into disrepute.

Conclusion

There are no official confirmations for the $460 monthly payment. The GST credit is usually released on a quarterly basis. Confirm that payment through the CRA official website or Service Canada website. Avoid false information by directly reaching out to CRA official representatives.

Read More :- February 2025 Centrelink Age Pension of $1,725 – Check Your Payment Date Now

Until any further notice by the CRA, residents shall consider any unverified information related to this as a false claim and rely only on government portals for correct updates.

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