The Canada Workers Benefit (CWB) is a refundable tax credit offered by the Canadian government to support low-income working individuals and families. In 2024, the Canada Revenue Agency (CRA) will continue to issue these benefits quarterly.
There are no specific application processes for this benefit; instead, individuals qualify by filing their federal income tax returns.
Recent discussions have mentioned a potential $1428 Canada Workers Benefit Payment for 2024, but this figure is not yet confirmed by official sources.
Here’s what we know about the Canada Workers Benefit for 2024, including eligibility, payment amounts, and expected deposit dates.
Overview of the $1428 Canada Workers Benefit Payment 2024
| Title | $1428 Canada Workers Benefit Payment 2024 |
|---|---|
| Year | 2024 |
| Country | Canada |
| Managing Agency | Canada Revenue Agency (CRA) |
| Benefit Name | Canada Workers Benefit |
| Objective | Financial Aid for Low-Income Workers |
| Payment Frequency | Quarterly |
| Payment Mode | Direct Deposit |
| Expected Payment Dates | July, October 2024; January 2025 |
| Official Website | Canada.ca |
Canada Workers Benefit Eligibility 2024
To qualify for the Canada Workers Benefit (CWB) in 2024, individuals must meet specific criteria related to residency, age, income, and working status. Here are the eligibility requirements for both basic and disability supplement payments.
Basic Eligibility for CWB
- Residency: Must be a Canadian resident throughout the year.
- Age: Applicants must be 19 years or older by December 31, 2024.
- Spousal and Dependent Eligibility:
- Spouses are eligible if they meet the residency requirement and live with the applicant throughout the year.
- Children under 19 who live with you and your spouse and do not qualify separately for the CWB may also contribute to eligibility.
- Income Thresholds: Your working income must fall below certain limits based on your province or territory.
Provincial Income Thresholds
| Status | Canada (Excluding AB, QC, NU) | Quebec | Nunavut | Alberta |
|---|---|---|---|---|
| Family with Children | $43,212 | $35,912.95 | $58,932 | $43,952 |
| Family without Children | $43,212 | $45,060.02 | $58,932 | $43,952 |
| Individual with Children | $43,212 | $21,488.47 | $58,932 | $43,952 |
| Individual without Children | $33,015 | $29,072.64 | $58,925 | $33,093 |
Disability Supplement Eligibility
To qualify for the disability supplement, individuals must meet income thresholds and have an approved Disability Tax Credit (DTC) certificate (Form T2201).
| Status | Canada (Excluding AB, QC, NU) | Quebec | Nunavut | Alberta |
|---|---|---|---|---|
| Family with Children | $48,124 | $39,613.15 | $65,757 | $48,886 |
| Family without Children | $48,124 | $48,760.22 | $65,757 | $48,886 |
| Individual with Children | $48,124 | $25,188.67 | $65,757 | $48,886 |
| Individual without Children | $37,932 | $32,772.84 | $65,750 | $38,007 |
Non-Qualifying Citizens
You do not qualify for the Canada Workers Benefit if:
- You are confined to prison for 90 days or more.
- You have not filed your tax returns or are a federal employee of another country (e.g., a diplomat or foreign service officer).
Canada Workers Benefit Payment Amount 2024
The Canada Workers Benefit Payment varies depending on your income level, province, and whether you qualify for the basic amount or the disability supplement. The projected $1428 payment is not yet confirmed, but here is a breakdown of typical CWB amounts for individuals and families:
Basic CWB Payment Amounts
| Income Limit | Individuals (Basic Amount) | Families (Basic Amount) |
|---|---|---|
| Less than $24,975 | $1518 | Less than $28,494 |
| Reaches $35,095 | $0 | Reaches $45,934 |
Disability Supplement CWB Amounts
| Income Limit | Individuals (Disability) | Families (Disability) |
|---|---|---|
| Less than $35,098 | $784 | Less than $45,932 |
| Reaches $40,325 | $0 | Reaches $55,159 for one partner and $56,386 for both |
Canada Workers Benefit Payment Date 2024
The Canada Workers Benefit (CWB) payments are made quarterly. The expected payment dates for 2024 are as follows:
| Payment Date | Details |
|---|---|
| 12th July 2024 | First quarterly payment |
| 11th October 2024 | Second quarterly payment |
| 10th January 2025 | Final quarterly payment |
These payments are made through direct deposit, ensuring that recipients receive their benefits promptly.
The Canada Workers Benefit provides essential financial support to low-income working individuals and families across Canada. While the $1428 payment for 2024 is not yet officially confirmed, the regular CWB program offers a valuable tax credit to those who qualify.
By meeting the eligibility criteria, such as age, residency, and income thresholds, Canadians can access much-needed assistance. Stay updated through Canada.ca for official announcements and payment schedules.
FAQs
Who qualifies for the Canada Workers Benefit in 2024?
Low-income working Canadians aged 19 or older who meet residency and income requirements qualify for the CWB.
How much is the Canada Workers Benefit payment in 2024?
The payment amount varies, with individuals receiving up to $1518 and families up to $2616, depending on income and province.
When are the CWB payments for 2024?
CWB payments will be made on July 12, 2024, October 11, 2024, and January 10, 2025.
Is the $1428 CWB payment confirmed for 2024?
No, the $1428 payment has not yet been officially confirmed. Regular CWB payments are based on income and eligibility.
Can I qualify for the disability supplement with the Canada Workers Benefit?
Yes, you may qualify for the disability supplement if you meet the income thresholds and have an approved Disability Tax Credit (DTC).
