CRA $2,350 Payment Coming in June 2025 – Who’s Eligible, Payout Schedule, and How to Claim

If you’re a Canadian senior or helping someone close to you navigate their retirement finances, you may have heard about the upcoming CRA $2,350 payment in June 2025. While this sounds promising, many are unsure who qualifies, when it will arrive, and whether they need to apply. This guide answers all those questions and more in a simple and clear way.

We’ll explain the payment details, who’s eligible, and how to make sure you receive the funds without delays or stress.

Summary

Here’s a quick breakdown of what the CRA $2,350 payment means for seniors in 2025:

Why This Payment Is Happening

This one-time payment is part of the federal government’s plan to support seniors facing higher living costs. Inflation, rising grocery prices, and housing expenses have made it tougher for retirees living on fixed incomes.

According to Statistics Canada, the Consumer Price Index rose 3.1% in early 2025, with food costs jumping more than 5% over the past year. Many older Canadians, especially those without private pensions, are feeling the squeeze.

This payment is meant to offer some relief by helping cover basic expenses like rent, medicine, groceries, or utilities.

Who Qualifies?

To be eligible, you must meet the following four criteria:

1. Age

You must be 65 years old or older as of June 2025.

2. Residency

You must be a Canadian resident and have lived in Canada for at least 10 years after turning 18.

3. Income

Your total income in 2023 must be:

• Less than $70,000 to receive the full $2,350
• Between $70,000 and $90,000 for a partial amount
• Over $90,000? You do not qualify

4. Tax Filing

You must have filed your 2023 income tax return on time (by April 30, 2024). This is how CRA determines eligibility.

When Will You Receive the Payment?

Although the official date hasn’t been confirmed, the $2,350 payment is expected to be issued on June 26, 2025, to align with the regular Old Age Security (OAS) schedule.

2025 OAS Payment Dates

If you are signed up for direct deposit with the CRA, the funds will appear in your bank account automatically.

How to Claim the Payment

The good news is, there’s no separate application. Here’s what you need to do:

1. File Your 2023 Taxes
   Do this by April 30, 2024, to be considered for the payment.
2. Update CRA My Account
   Make sure your banking information and address are up to date.
3. Wait for Direct Deposit
   If you qualify, the money will be deposited automatically into your bank account in late June 2025.

Real-Life Examples

Margaret receives about $31,000 annually from OAS and a small CPP. She filed her taxes early, and since her income is well below $70,000, she qualifies for the full $2,350. She’ll use it to pay rising property taxes and cover her dental bills.

Louis from Ontario

Louis earns $75,000 a year from part-time work and CPP. He’ll receive a partial payment. He plans to use it to cover rent and new glasses.

Things to Watch For

• CRA will never call, text, or email asking for your personal info about this payment
• Don’t click on suspicious links — always go directly to CRA My Account

Check Your Banking Info

• A wrong bank account or outdated address can delay your payment

File Taxes on Time

• Missing the April 30 deadline for your 2023 return could mean missing out altogether

What to Do After Receiving the Payment

1. Plan Your Spending
   Use the money wisely — pay down bills or stock up on essentials.
2. Check for Other Benefits
   This one-time payment does not affect OAS, GIS, or other government benefits.
3. Keep a Record
   Note the deposit in your banking records for budgeting or tax planning later.

This one-time CRA $2,350 payment offers timely financial relief to seniors who need it most. By keeping your information current and ensuring your tax return is filed, you can benefit from this support without any extra paperwork or stress.

FAQs