Triple Payment on 27th August 2025 by CRA: Check Benefit Amounts, Eligibility and Payment Dates

The Canadian government, through the Canada Revenue Agency (CRA), provides several financial assistance programs to support citizens, particularly seniors, families, and individuals facing financial challenges. One key date in 2025 is 27th August, when multiple benefit programs such as Old Age Security (OAS) and the Canada Pension Plan (CPP) will release payments.

While many people refer to this as a “triple payment”, it is important to note that the CRA has not officially confirmed a special one-time triple payment. Instead, what happens on 27th August 2025 is the alignment of multiple regular benefit disbursements, giving many households the impression of receiving three major payments at the same time.

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This article explains eligibility, benefit amounts, the payment schedule, and how to apply for CRA benefits effectively.

Understanding CRA Triple Payment on 27th August 2025

The term Triple Payment by CRA refers to the clustering of OAS, CPP, and Alberta Child and Family Benefit (ACFB) payments on the same date. For eligible Canadians, this means that three separate benefits may be deposited together, providing extra financial relief during the month.

• Old Age Security (OAS): Retirement income support for seniors aged 65+.
• Canada Pension Plan (CPP): Retirement and disability pension for contributors.
• Alberta Child and Family Benefit (ACFB): Support for eligible families with children in Alberta.

Together, these create the appearance of a “triple payout” on 27th August 2025.

Short Summary: CRA Triple Payment 2025

Who is Eligible for CRA Triple Payment?

Eligibility depends on the specific program:

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1. OAS Eligibility
   • Must be 65 years or older.
   • Canadian citizen or legal resident.
   • Must have resided in Canada for at least 10 years after turning 18.
2. CPP Eligibility
   • Must have contributed to CPP during working years.
   • Eligible at age 60–70 depending on retirement decision.
   • Disability CPP requires a medically approved disability status.
3. ACFB Eligibility
   • Resident of Alberta.
   • Must have children under 18 years old.
   • Must file income tax returns to qualify.

Additionally, CRA applies general rules:

• Applicants must be permanent residents of Canada.
• Financial eligibility is assessed based on income thresholds.
• Assets should not exceed $40,000 for singles or $50,000 for couples for certain supplementary programs.

CRA Triple Payment Benefits

The CRA manages a wide range of benefit programs, including:

• Financial Support: Monthly OAS and CPP payments to seniors.
• Medical and Disability Assistance: CPP disability benefits.
• Family and Child Benefits: Canada Child Benefit (CCB) and ACFB.
• Tax Credits: GST/HST credits paid quarterly.

The combination of these payments on 27th August 2025 will create a financial boost for many households.

Payment Date Schedule for CRA Benefits (2025)

Triple Payment on 27th August 2025: Amounts

The payment amounts vary depending on the program and personal eligibility:

• Old Age Security (OAS): Up to $1,433 per month for seniors (based on age and residency).
• Guaranteed Income Supplement (GIS): Up to $1,086.88 for low-income seniors.
• Canada Pension Plan (CPP):
  • Retirement Pension: Average $832, maximum $1,433.
  • Disability Pension: Maximum $1,673.24.
• Canada Child Benefit (CCB): Maximum annual payout is $7,787 per child under 6 and $6,570 per child aged 6–17. (August 2025 payment date is 20th August).
• Alberta Child and Family Benefit (ACFB): Varies by income and number of children.

Steps to Apply for CRA Benefits in 2025

If you meet eligibility criteria, follow these steps:

1. Check Eligibility: Review requirements for OAS, CPP, or ACFB.
2. Submit Application: Apply online via Canada.ca or mail application forms.
3. Disability Determination (if applicable): Submit additional medical documentation.
4. CRA Review: Authorities process and verify applications within 15–20 business days.
5. Payment Setup: Approved applicants receive payments directly via direct deposit.

Fact Check: Is There Really a “Triple Payment”?

There is no official confirmation of a one-off triple bonus payment. Instead:

• 27 August 2025 is a regular disbursement date for OAS and CPP.
• Some Albertan families will also receive ACFB on this date.
• Together, these three benefits create the impression of a triple payout.

FAQs on CRA Triple Payment 2025

1. What benefits will be paid on 27th August 2025?

OAS, CPP, and Alberta Child and Family Benefit (for eligible Albertan families).

2. Is the triple payment a bonus?

No, it is not a special bonus. It refers to three separate payments falling on the same date.

3. What is the maximum CPP monthly payment?

Maximum CPP retirement is $1,433, while CPP disability can be as high as $1,673.24.

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4. How do I apply for CRA benefits?

Applications are available through Canada.ca or mailed forms.

5. What if I do not receive my payment?

Contact CRA immediately to verify account details and resolve delays.

Conclusion

The CRA Triple Payment on 27th August 2025 represents a significant financial relief for many Canadians, especially seniors and families. While not an official one-time triple payment, the alignment of OAS, CPP, and ACFB disbursements provides essential support at a time of rising living costs.

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Canadians are encouraged to check their eligibility, keep banking details updated for direct deposit, and apply through the official Canada.ca portal to avoid delays.

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