The federal government of Canada, led by the Canada Revenue Agency (CRA) and the Department of Finance Canada, has confirmed a one-time $300 payment slated for November 2025 to assist citizens in managing rising living costs. This relief payment is aimed at helping individuals and families grappling with inflation, and you can check your status via your CRA My Account portal.
What is the $300 CRA Payment?
As part of government efforts to soften the impact of inflation and increased household costs during the winter, the CRA will issue a $300 credit in November 2025. The Treasury confirms that eligible taxpayers will receive this benefit automatically, with no separate application required, provided they meet the criteria and have filed their tax return for 2024. This is part of a broader affordability-support initiative for low- and middle-income Canadians.
How the Payment Works
Automatic Issuance
The payment will be processed by the CRA to qualifying residents across Canada. The eligibility will be based on information from your 2024 tax return. For those with direct deposit registered with CRA, the $300 will be deposited automatically into their bank account. If direct deposit is not set up, the CRA may send a cheque by mail.
Purpose of the Payment
This relief measure is intended to offset increased expenses such as groceries, fuel, utilities and other cost-of-living pressures that households face. It is timed to help before the winter season when costs typically spike.
Eligibility and Verification via My Account
To be eligible for the $300 credit:
- You must have filed your 2024 tax return and the CRA must have processed it.
- Your personal banking and mailing information should be current in the CRA My Account portal.
- The payment is aimed at individuals and families falling under certain income thresholds under the government’s affordability support program.
Before the payment release in November, the Treasury urges recipients to log into their CRA My Account and check that all details (banking, address, tax filings) are correct and up-to-date. From your account you can view your payment schedule, status updates and transaction history.
Key Details at a Glance
| Criterion | Details |
|---|---|
| Payment Amount | $300 (one-time benefit) |
| Payment Date | November 15, 2025 (target) |
| Administrator | Canada Revenue Agency (CRA) |
| Eligibility Year | Based on 2024 tax return |
| Payment Method | Direct deposit or mailed cheque |
| Verification | Via CRA My Account |
What to Expect in November 2025
Recipients should monitor their bank statements — the deposit may appear as “Canada Treasury Payment” or a similar reference. Since this is an automatic benefit, no extra steps are required if you are eligible and your tax filing is complete. The Department of Finance emphasises that this initiative is to support households ahead of the winter period where living costs often rise.
Make sure to review all notifications in your CRA My Account, and ensure there are no outstanding tax issues or missing information that might delay your payment.
How This Fits With Broader Taxpayer Support
This $300 credit is part of a larger suite of affordability programs offered by the Canadian government, aligning with benefits such as the GST/HST Credit and the Climate Action Incentive Payment. These efforts are intended to provide consistent support for Canadians facing rising costs. Taxpayers should use the CRA My Account portal to stay informed of their benefit status now and into 2026.
Conclusion
The upcoming $300 payment from the CRA in November 2025 brings much-needed relief for many Canadian households challenged by higher living costs. By ensuring your 2024 tax return is filed, keeping your banking and mailing info current in CRA My Account, and monitoring your payment status, you can maximise your benefit. This credit is designed to supplement rather than replace other federal supports, and helps maintain financial stability during a cost-intensive time of year.
FAQs
Q1: Do I need to apply separately to get the $300 payment?
No. If you are eligible and have filed your 2024 tax return, the CRA will issue the payment automatically either by direct deposit or cheque.
Q2: Will the $300 payment affect my eligibility for other benefits?
No. This one-time credit is structured to not impact your eligibility for other federal or provincial benefits and will not be taxed as income.
Q3: What happens if I haven’t set up direct deposit or changed my address?
If you haven’t registered for direct deposit, the CRA will mail a cheque to the address on file, which may delay receipt. It’s advisable to update your banking and address details via CRA My Account to avoid delays.
