A federal child tax booster will follow when the new benefit year begins in July 2025. will receive monthly payments from the provincial government via direct deposit or mailed cheques. Families will receive money from the government, along with the Canada Child Benefit, on May 20. The Canada Pension Plan (CPP) is a monthly benefit for Canadians who are at least 60 years old and have made at least one valid contribution to the CPP. Old Age Security (OAS) pension — May 28Canadians aged 65 and older can qualify for the Old Age Security (OAS) monthly pension.