CRA Schedules One-Time Deposit – The Canada Revenue Agency (CRA) has scheduled a one-time deposit of $1,350 for eligible individuals, with payments set to be issued on 15 February 2026. This update has drawn attention across Canada as many households continue to manage rising living costs and economic pressures. The payment is designed as targeted financial support rather than a recurring benefit, and it will be delivered directly to qualifying recipients. Understanding who qualifies, how the payment works, and what steps may be required is important for Canadians who rely on government assistance programs and tax-based benefits.
CRA One-Time $1,350 Payment for Canadian Residents
The CRA one-time $1,350 payment is structured to provide short-term relief to Canadian residents who meet specific eligibility criteria tied to tax records and existing benefit programs. Rather than requiring a separate application, the CRA generally uses information from recent tax returns to determine eligibility. This approach ensures faster processing and reduces administrative delays. For many Canadians, the deposit will appear automatically in their bank account if direct deposit details are already on file. Those without direct deposit may receive the amount by cheque, which could take longer. The CRA has emphasized the importance of filing taxes on time, as late or missing returns can affect payment eligibility or timing.
$1,350 CRA Deposit Update for Canadians in 2026
The $1,350 CRA deposit scheduled for February 2026 reflects the federal government’s ongoing use of targeted, one-time payments to address temporary financial strain. For Canadians in 2026, this payment is not classified as a new recurring benefit but as a supplemental measure linked to income thresholds and prior benefit participation. Eligibility may include low- to modest-income households, seniors receiving federal credits, or individuals already enrolled in select CRA-administered programs. Because the payment is processed through the CRA system, ensuring accurate personal information, including marital status and banking details, is essential. Any discrepancies could result in delays or missed payments.
| Payment Detail | Information |
|---|---|
| Payment Amount | $1,350 one-time deposit |
| Scheduled Date | 15 February 2026 |
| Issuing Authority | Canada Revenue Agency |
| Delivery Method | Direct deposit or cheque |
| Eligibility Basis | Income and tax record criteria |
Eligibility Rules for the CRA Relief Payment Across Canada
Eligibility for the CRA relief payment across Canada is expected to follow established income-based guidelines used in other federal support programs. Canadians who have filed their most recent tax return and fall within qualifying income ranges are most likely to receive the payment automatically. Seniors, families with limited income, and individuals receiving certain federal credits may be prioritized. The CRA reviews tax data to confirm eligibility, meaning no separate application is usually required. However, Canadians who have experienced recent life changes, such as relocation or changes in family status, should update their CRA profile to avoid complications. Keeping records current helps ensure smooth payment delivery.
How the CRA Payment Affects Eligible Canadians
For eligible Canadians, the CRA payment can provide meaningful short-term financial breathing room. While the $1,350 amount may not cover all expenses, it can help offset essential costs such as utilities, groceries, or medical needs. Importantly, this payment is generally treated as non-taxable, meaning recipients do not usually need to repay it or report it as income, depending on final CRA guidance. Canadians are encouraged to monitor their CRA My Account for official notices confirming eligibility and payment status. Staying informed through official CRA updates helps prevent misinformation and ensures recipients understand how the payment fits into their overall financial planning.
Frequently Asked Questions (FAQs)
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1. Who will receive the $1,350 CRA one-time deposit?
Eligible recipients are Canadians who meet income and tax-based criteria set by the Canada Revenue Agency.
2. Do I need to apply separately for this CRA payment?
No separate application is usually required if your tax return and personal details are up to date with the CRA.
3. How will the $1,350 payment be delivered?
The payment will be sent by direct deposit or cheque, depending on your CRA account settings.
4. Is the CRA one-time payment taxable?
In most cases, one-time relief payments are non-taxable, but recipients should follow official CRA guidance.
