Some Canadians May Be Eligible to Receive up to $2,400 a Year From New Federal Benefit

The federal government has introduced a new disability benefit aimed at low-income Canadians with disabilities in the recently released budget. Benefit payments are estimated to be $2,400 per year, or $200 per month for eligible Canadians between the ages of 18 and 64 years, according to the government website. Ottawa has set aside $6.1 billion to get the program running and for the next six years, with the first benefit payments expected to be made in July 2025, says the website. Ottawa has also planned for $1.4 billion per year to keep the program running after that point. Ottawa estimates the benefit will help over 600,000 low-income individuals, which is 13 percent of the approximately eight million Canadians over the age of 15 who have a disability, according to Statistics Canada figures....