More money in your pocket: The Working Canadians Rebate

November 21, 2024

The government can’t set prices at the checkout, but we can give Canadians more money in their pockets. To help them buy the things they need and save for the things they want, the government announced that it will be introducing legislation in Parliament that would provide for the delivery of a new $250 Working Canadians Rebate to 18.7 million Canadians in early spring 2025.

Eligible for the tax-free $250 rebate are all Canadians who worked in 2023, earned up to $150,000 individual net income, and meet the following requirements:

• Filed their 2023 tax return by December 31, 2024, and:
  • claimed the tax credit for Canada Pension Plan or Quebec Pension Plan contributions on employment or self-employment earnings;
  • claimed the tax credit for Employment Insurance (EI) or Quebec Parental Insurance Plan (QPIP) premiums on employment or self-employment earnings; or,
  • reported income from EI or QPIP benefits;
• Are a resident of Canada on March 31, 2025;
• Are not incarcerated for a period of at least 90 days immediately prior to April 1, 2025; and,
• Are not deceased on April 1, 2025.

The Canada Revenue Agency is already working to be ready to automatically deliver the $250 Working Canadians Rebate in early spring 2025, via direct deposit or cheque, to 18.7 million Canadian workers who satisfy the above eligibility requirements.  

Related product

• News Release: More money in your pocket: A tax break for all Canadians and a bonus for working Canadians
• Backgrounder: More money in your pocket: A tax break for all Canadians