Ontario residents who rely on CRA benefit payments can expect October 2026 to be one of the busiest deposit months of the whole benefit year.
This month, bank accounts in Ontario will receive four distinct CRA benefit payments spread across three separate dates.
The data from the 2025 income tax return, which the CRA started to utilize when the current benefit year—July 2026 to June 2027—began, is used to compute these October deposits for most beneficiaries.
Multiple tax-free deposits might be made to households in Ontario that are eligible for all four programs during the same three-week timeframe, and each payment has its own set of maximums, income thresholds, and eligibility criteria that determine how much money really ends up in your account.
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Source: https://immigrationnewscanada.ca