Sam
If you’re a low-income worker in Canada, you could soon see a $566 cash boost land in your account. Scheduled for July 23, 2025, this is the third and final advance payment of the Canada Workers Benefit (CWB) for the 2024 tax year.
Designed to assist individuals and families with modest earnings, the CWB provides direct financial support to help cover daily living expenses such as rent, groceries, and transportation.
This article explains everything you need to know—from eligibility criteria to how to apply and the payment schedule—so you don’t miss out.
Canada Workers Benefit: What It Is
The Canada Workers Benefit (CWB) is a refundable tax credit offered by the Canada Revenue Agency (CRA) to help low-income workers across the country. Unlike most tax credits that only reduce the taxes you owe, the CWB puts money directly into your pocket, even if you don’t owe anything.
There are two options for receiving the benefit:
- As a lump sum during tax season
- As advance payments throughout the year
The upcoming $566 installment is part of this advance payment plan for the 2024 benefit year.
Key Benefit Details
| Feature | Details |
|---|---|
| Next Payment Date | July 23, 2025 (3rd and final advance) |
| Payment Amount | $566 |
| Annual Max – Single | $1,633 |
| Annual Max – Families | $2,813 |
| Disability Supplement | Up to $843 extra |
| Eligibility Age | 19+ or living with dependents |
| Application Form | Form RC201 |
| Administered By | Canada Revenue Agency (CRA) |
| Payment Methods | Direct deposit or cheque |
Eligibility Criteria for the $566 Payment
To qualify for the July 23, 2025 CWB advance, you must:
- Be a Canadian resident for the full 2024 calendar year
- Be 19 or older by December 31, 2024, OR live with a spouse, common-law partner, or dependent
- Have earned income (e.g., from work—not just investments or benefits)
Income Thresholds
| Status | Income Limit (2024) |
|---|---|
| Single | Up to $26,855 |
| Family | Up to $30,639 |
If your income is slightly above these limits, you may still receive a partial benefit.
Who Is Not Eligible?
You do not qualify for the CWB advance payment if:
- You were a full-time student for more than 13 weeks in 2024 (without dependents)
- You were incarcerated for 90+ days during 2024
- You did not file your 2024 income tax return
Payment Breakdown for 2024 Tax Year
| Category | Annual Maximum |
|---|---|
| Single (no dependents) | $1,633 |
| Families | $2,813 |
| Disability Supplement | Up to $843 extra |
The $566 paid on July 23, 2025, is part of the estimated total and is based on your 2024 tax information.
Advance Payment Schedule for 2024 Tax Year
| Installment | Payment Date |
|---|---|
| First | July 11, 2024 |
| Second | October 10, 2024 |
| Third | July 23, 2025 |
If you chose advance payments, you receive up to 50% of your CWB entitlement early, divided into three equal parts.
Disability Supplement Explained
If you’re eligible for the Disability Tax Credit (DTC) and meet the CWB criteria, you may receive an extra $843 on top of your regular benefit. The exact amount depends on your income level.
To qualify:
- You must have DTC approval
- You must meet the basic eligibility for CWB
How to Apply for Advance Payments
To receive payments like the $566 in July 2025, you must:
- File your 2024 tax return, even if you owe nothing.
- Complete Form RC201 – the application for advance CWB payments.
- Submit the form:
- Online via CRA My Account
- Or mail it to the CRA directly
Keep Your Information Updated
If your income, marital status, or residency changes, notify the CRA as soon as possible to avoid overpayments or delayed payments.
Why the Canada Workers Benefit Matters
The CWB serves as a crucial safety net for Canadians who work but don’t earn enough to cover rising costs. It:
- Provides direct financial assistance for housing, food, and transport
- Encourages employment by rewarding earned income
- Offers flexible payment options through advance installments
The $566 payment in July 2025 is more than just a check—it’s a lifeline for many hardworking Canadians trying to stay afloat.
With rising living costs across the country, the Canada Workers Benefit is a much-needed program that ensures low-income workers receive the financial support they deserve.
The upcoming $566 advance payment on July 23, 2025, can provide essential mid-year relief, helping you manage expenses and reduce financial stress.
Make sure your 2024 taxes are filed and your CRA information is up to date so you can take full advantage of this benefit.
FAQs
What if I missed applying for advance payments?
If you didn’t apply using Form RC201, you’ll still receive the full CWB amount as a lump sum when you file your 2024 tax return in 2025.
Can I get both the base benefit and the disability supplement?
Yes, if you’re eligible for the Disability Tax Credit, you can receive both the standard CWB amount and the disability supplement, depending on your income.
Is the $566 payment taxable?
No, the Canada Workers Benefit is a refundable tax credit, meaning the money you receive is not taxable income and won’t affect other benefits.