Canada Pro Deposit 2021: What Is It?

What is Canada Pro Deposit? And who is eligible

If you received a Canada Pro deposit in your bank account and wondering what it is, you’re not alone.

In this post, you’ll learn what it is, its eligibility, how to confirm the payment and the payment dates for the Canada child and family benefits.

What is Canada Pro?

Canada Pro is a deposit made by CRA for Child and Family Benefits. If you’re an Ontario resident, the payment will be for the Ontario Trillium Benefit (OTB).

The money is paid as a lump-sum or spread over 12 months (July to June), depending on your OTB entitlement for the year.

For example, you should receive a lump-sum payment of the credit by July 10 2021 if your 2021 annual entitlement is less than $360. If it’s over $360, you can choose to receive it over 12 months or wait to get it a lump-sum in 2022.

Who is eligible for Canada Pro?

OTB is the combined payment for 3 tax credits that the Canada Revenue Agency (CRA) administers on behalf of Ontario. The credits are:

  • Ontario Sales Tax Credit
  • Ontario Energy and Property Tax Credit
  • Northern Ontario Energy Credit.

Your eligibility is determined under each of the 3 programs separately, and the tax credits paid to your account.

We’ll go over the eligibility for each of the programs and how much you can expect to receive in details below:

CRA has an handy tool here to estimate how much you can expect to receive.


1. Ontario Sales Tax Credit

The Ontario Sales Tax Credit is a similar program to the federal GST/HST Credit program that helps Ontario residents with the sales tax they pay.

It is meant for low to moderate income residents that satisfy one of the following conditions

  • 19 years or older
  • previously or current married or in a common-law relationship
  • a parent who lives or previously lived with a child

You don’t need to apply for the benefit separately. The CRA will access your income tax return to determine if you are eligible and automatically issue the payments on the due dates.

How much does the Ontario Sales Tax Credit Pay?

For the 2021 benefit year, beneficiaries can receive up to $316 (slightly up from the $313 for 2020 benefit year).

You can also receive up to an additional $316 for your spouse/common-law partner and each dependent child that is 19 on the 1st of the payment month.

Ontario Sales Tax Credit Pay is income-tested. Meaning, the credits will be reduced once you earn above the set adjusted family net income.

For the 2020 benefit year, the adjusted family net income and the clawback rates were:

  • Singles: 4% on net income above $24,115
  • Single parents, married or in a common-law relationship: 4% on net income above $30,143

2. Ontario Energy and Property Tax Credit

This is another income-tested benefit for low to moderate income residents of Ontario. The credit is meant to help with the sales tax on energy and with property taxes.

That is, there are 2 components to the credit: the energy component and the property tax component.

You may be eligible for this credit if you were a resident of Ontario on December 31, 2020 and one of these applied in 2020:

  • rented or paid property tax for your main residence
  • lived in a public long-term care home (e.g., a seniors’ home) and paid an amount for your accommodation
  • lived on a reserve and paid for your home energy costs

And one of these apply for 2021:

  • 18 years of age or older (the age of majority in Ontario)
  • a parent who lives or previously lived with your child
  • currently or previously married or in a common-law relationship

How much can you expect to receive from Ontario Energy and Property Tax Credit?

Here’s a table summarizing the maximum benefit you could expect to receive as Ontario Energy and Property Credit:

CategoryMax.
Between 18 and 64 years old$1,095
Over 65 years old$1,247
Live on a reserve or in a public long-term care home$243
For the time you lived in a designated college, university of private school residence in 2020$25

You can use the calculator here to estimate how much you can expect.


3. Northern Ontario Energy Credit (NOEC)

This credit helps Northern Ontario residents with the higher energy cost they pay. In other words, only residents of northern Ontario on December 31, 2020 are eligible for the credit.

To be eligible, one of the following must also apply in 2020:

  • rented or paid property tax for your main residence
  • lived in a public long-term care home (e.g., a seniors’ home) and paid an amount for your accommodation
  • lived on a reserve and paid for your home energy costs

And at least one of the following before June 1, 2022: a) 18 years of age or older; b) a parent who lives or previously lived with your child; or c) currently or previously married or in a common-law relationship.

Northern Ontario covers the following cities and towns: Algoma, Cochrane, Kenora, Manitoulin, Nipissing, Parry Sound, Rainy River, Sudbury, Thunder Bay and Timiskaming.

How much can you expect to receive from Northern Ontario Energy Credit?

  • Singles: maximum of $158
  • Families: maximum of $243

Confirming the payment

It’s always a good idea to confirm what the deposit you received is for. You may get a mail from CRA but the quickest way is to log in to your My Account with CRA.

From your account, you can view all the benefits you’re entitled to, including Canada Pro tax credit, and the expected payment dates.

Also, checking the payment dates for some of the child and family benefit payment dates below can help you determine what the payment is for.


Canada Child and Family Benefit Payment Dates

OTB and CCB Payment Dates 2021

The Ontario Trillium benefit (OTB) and the Canada Child Benefit (CCB) payment dates for 2021 are shown below:

Benefit MonthsOTB DatesCCB Dates
JanuaryJanuary 8, 2021January 20, 2021
FebruaryFebruary 10, 2021February 19, 2021
MarchMarch 10, 2021March 19, 2021
AprilApril 9, 2021April 20, 2021
MayMay 10, 2021May 20, 2021
JuneJune 10, 2021June 18, 2021
JulyJuly 9, 2021July 20, 2021
AugustAugust 10, 2021August 20, 2021
SeptemberSeptember 10, 2021September 20, 2021
OctoberOctober 8, 2021October 20, 2021
NovemberNovember 10, 2021November 19, 2021
DecemberDecember 10, 2021December 13, 2021

If you did not receive your payments on the expected dates below, you should contact CRA for more information. But you’re advised to wait for a few days before you do: 5 working days for CCB and 10 working days for OTB.


Alberta Child and Family Benefit (ACFB) Payment Dates 2021

The payment are issued quarterly and the dates for 2021 are:

  • February 26,2021
  • May 27, 2021
  • August 27, 2021
  • November 26, 2021

GST/HST Credit and Canada Workers Benefit Payment Dates

The other 2 benefit payments under the Canada Child and Family Benefit programs are:

  • Goods and Services Tax/ Harmonized Sales Tax (GST/HST) Credit
  • Canada Workers Benefit (CWB) – advance payments

Both benefits are paid on the same day quarterly. The payment dates for 2021 are shown below:

QuarterGST/HST CreditCWB
1January 5, 2021January 5, 2021
2April 1, 2021April 1, 2021
3July 5, 2021July 5, 2021
4October 5, 2021October 5, 2021

If you didn’t receive your benefits on the dates above, you should wait for at least 10 working days before contacting CRA. Or check your account with CRA to confirm if you should be receiving the payment.

Related Posts:


What is Canada RIT?

Canada RIT refers to Canada Refund Income Tax and it is a direct deposit from Canada Revenue Authority (CRA). As the name suggests, if you received a deposit with the caption, it is most likely a tax refund from CRA.

Check out this post to learn more about Canada RIT.

Summary

In this post, we answered the question: What is Canada Pro in my bank account?

It is a payment from CRA for Ontario Trillium Benefit (OTB). It is paid every month or as a lump-sum depending on how much you’re entitled to.

If you have any comments or questions, please let me know in the comments.

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Simon is a CPA by day and a Personal Finance Blogger by night. With over a decade experience in financial services, he's passionate about personal finance, investing and helping people take control of their financial life.

5 thoughts on “Canada Pro Deposit 2021: What Is It?”

  1. Hi good evening. Im a single parent. I have 2 children’s and their with me since their were born. 2012 my benefits had stop due to couldn’t provide documents for my children due to consequence from ex husband. Until this year they’ve received their birth certificates. Would I be still be able to receive those benefits as a lump sum? And my daughter just turn 18 last year. Would it be the same with her? They are both born in Canada just couldn’t approve it and I was moving around to avoid things around for our safety. But now they’ve just got their birth certificate. I had to ask about this for my children sake,school and financially.

    Thank you.

    Reply
    • Hi Jocelyn,
      A number of CRA benefits are retroactive so you may receive some or all of the benefits you qualified for. But it’s best to call CRA for more information and direction on how to proceed. All the best!

      Reply
    • Hi Brian,
      Sorry to hear that. Hopefully, it’ll be fixed by the next payment.
      You may login to your CRA account, go to “Personal Profile” and confirm that the new bank details has been received.

      Reply
  2. ok today i noticed in our account a withdrawal to Canada Pro of 105.60. i never authorized this so how did you get it. we live in Yukon Territory.

    Reply

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