The Canada Revenue Agency (CRA) has confirmed that several major benefit programs will be deposited on 27th August 2025.
This has led many to call it the “Triple Payment Day”, as seniors and families may see multiple credits on the same date. For those receiving Old Age Security (OAS), the Guaranteed Income Supplement (GIS), and the Canada Pension Plan (CPP), this could mean three separate direct deposits arriving together.
This article explains the details, eligibility rules, and benefit amounts under CRA’s August schedule.
What Is the CRA Triple Payment in August 2025?
The “triple payment” refers to the fact that OAS, GIS, and CPP benefits are scheduled for the same day—27th August 2025. Depending on eligibility, a person may receive one, two, or all three of these payments.
In addition, other CRA-linked programs like the Canada Child Benefit (CCB) are also paid in August (20th August 2025), so households may notice more than one government deposit in the same month.
CRA Triple Payment 2025 – Quick Facts
Category | Details |
---|---|
Program Name | CRA Triple Payment Day |
Managing Body | Government of Canada |
Administered By | Canada Revenue Agency (CRA) |
Payment Types | OAS, GIS, CPP (plus other CRA benefits) |
Payment Date | 27th August 2025 |
Frequency | Monthly (CPP/OAS/GIS), monthly or quarterly for other benefits |
Tax Status | OAS & CPP taxable, GIS tax-free |
Eligibility for CRA Triple Payment
To receive payments on 27th August 2025, individuals must qualify under at least one of these programs:
- Old Age Security (OAS): Must be 65+ and meet residency rules.
- Guaranteed Income Supplement (GIS): Available to low-income seniors already receiving OAS.
- Canada Pension Plan (CPP): Paid to retirees, survivors, or those on CPP Disability who contributed during their working years.
- Other Benefits: Families may also receive the CCB (20th August) or provincial benefits like the Alberta Child and Family Benefit.
Benefit Amounts for August 2025
Here’s a breakdown of what eligible Canadians could receive:
Benefit Type | Maximum Monthly Amount (2025) | Payment Date | Tax Status |
---|---|---|---|
OAS (65–74) | $736.83 | 27th August 2025 | Taxable |
OAS (75+) | $808.44 | 27th August 2025 | Taxable |
GIS (Single) | Up to $1,086.88 | 27th August 2025 | Non-taxable |
GIS (Couple, each) | Up to $654.23 | 27th August 2025 | Non-taxable |
CPP Retirement Pension | Up to $1,433.00 | 27th August 2025 | Taxable |
CPP Disability | Up to $1,673.24 | 27th August 2025 | Taxable |
Canada Child Benefit (CCB) | $648.91/month per child under 6 | 20th August 2025 | Non-taxable |
GST/HST Credit | Up to $1,042 annually (family of 4) | Next on 3rd October 2025 | Non-taxable |
Why 27th August Matters
For many Canadians, this will be one of the most important payment days of the year. Receiving multiple benefits together provides:
- Financial stability – covering rent, groceries, and utility bills.
- Relief for seniors – with both OAS and GIS arriving on the same day.
- Predictability – CRA’s fixed schedule allows households to plan budgets.
How to Ensure You Get Paid
To avoid delays:
- Sign up for direct deposit through CRA or Service Canada.
- Update banking and address information before mid-August.
- File taxes on time, as OAS, GIS, and CCB eligibility depend on income data from tax returns.
The CRA Triple Payment on 27th August 2025 is a significant relief for millions of Canadians. Seniors may see OAS, GIS, and CPP arrive on the same day, while families benefit from the CCB earlier in the month.
By keeping tax filings up to date and ensuring direct deposit is active, beneficiaries can receive their payments on time without delays.
For many, this triple payout represents more than just financial aid—it provides peace of mind and stability during a time of rising living costs.
FAQs
What is the “Triple Payment” on 27th August 2025?
It refers to OAS, GIS, and CPP all being deposited on the same date. Some may receive all three if eligible.
How much could seniors receive in total?
A senior receiving maximum CPP, OAS, and GIS could see over $3,200 in combined monthly payments.
How are these payments delivered?
Through direct deposit (fastest option) or by cheque if not enrolled in CRA direct deposit.