Canada Pension Plan (CPP) benefits are being deposited today, and the full payment calendar for the rest of 2025 is now confirmed so retirees can plan their cash flow more easily. CPP is paid once a month, usually in the final week, and the same dates apply to retirement, disability, survivor and children’s benefits.

How CPP payments work

CPP provides a taxable monthly pension to Canadians who contributed during their working years, with amounts based on how long and how much they paid into the plan. Existing beneficiaries are paid automatically each month, normally by direct deposit, without needing to re‑apply.​

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In 2025, the maximum new retirement benefit at age 65 is about 1,433 dollars per month, though most people receive less depending on their earnings and contribution history. Payment amounts are reviewed annually and adjusted each January to keep pace with inflation, but the dates themselves follow a fixed schedule set by Service Canada.​

CPP payment dates for the rest of 2025

Service Canada issues CPP on a single national date each month, typically the third‑to‑last business day. For 2025, the schedule is as follows:​

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What “payments begin today” means

When news outlets say CPP payments “begin today,” they are referring to the month’s official deposit date, such as November 26 or December 22, when funds are released to banks across Canada. Most direct deposits arrive the same day, though some financial institutions may post them later in the afternoon.​

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People who still receive paper cheques—which is increasingly rare—may have to wait several days longer for delivery. The federal government is gradually moving toward electronic payments as the default to reduce delays, lost mail, and fraud risk.​

How to confirm your CPP deposit

You can confirm your payment by checking your bank account on or after the official date or by logging into your My Service Canada Account online, which shows recent and upcoming benefit transactions. If the money has not arrived by the end of the next business day, Service Canada recommends checking with your bank first and then contacting them if the deposit is still missing.​

Keeping your banking information and mailing address up to date with Service Canada is essential, especially if you recently moved or changed accounts. Out‑of‑date details are one of the most common reasons for delayed CPP and OAS payments.​

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Planning your budget around CPP dates

Because CPP comes on known dates each month, it can serve as a reliable anchor for your retirement budget. Many retirees line up essential expenses—such as rent or mortgage payments, utilities, insurance, and groceries—just after their CPP and Old Age Security (OAS) deposits.​

Financial planners often suggest pairing CPP with other income sources like OAS, workplace pensions, RRSP/RRIF withdrawals, and TFSA savings to create a steady monthly cash flow. Knowing the exact CPP dates helps you schedule bill payments to avoid overdrafts and take advantage of pre‑authorized debits tied to particular days of the month.​

Looking ahead to 2026

CPP amounts are indexed to inflation and typically increase each January, once the previous year’s Consumer Price Index data are finalized. Any 2026 benefit boost will be announced in late 2025 and automatically applied to January 2026 payments; there is no need to re‑apply to receive the higher amount.​

The payment schedule pattern—late in each month—is expected to continue in 2026, with updated dates posted on Canada.ca and in the annual Benefits payment dates calendar. Checking that calendar toward year‑end is a good habit to keep your budget planning accurate for the year ahead.​

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FAQs

Q1: What time of day will my CPP show up?
Most direct deposits arrive on the official payment date, but the exact hour depends on your bank; many post government deposits overnight or early in the morning.​

Q2: Do CPP retirement, disability, and survivor benefits have different dates?
No. All standard CPP benefits share the same national payment date each month.​

Q3: Will CPP go up again in 2026?
CPP is reviewed annually and typically increases each January based on inflation; any 2026 change will be confirmed by the federal government late in 2025.