The Canada Revenue Agency (CRA) administered by the Canadian Government provides weekly payments to help the new parents . These benefit payments are termed CRA Parental Benefits 2024. This benefit tool acts as a financial safety net for all individuals who take leave from their work to take care of the newborn child or the newly adopted child. This benefit is provided as a part of Employment Insurance and can be claimed by all parents. This benefit provides them financial security and helps provide them the access to necessary resources required for family’s well-being.
CRA Parental Benefits 2024
The eligible individuals can claim the benefit by making a choice between standard or extended CRA Parental Benefits 2024. This choice helps calculate the benefit amount to be granted to the individuals. The individuals can further claim the benefit by providing all relevant employment history and their insurable earnings. These details help the entities make a decision and thus grant them payments accordingly.
Canada.ca Parental Benefits 2024 – Overview
| Post | CRA Parental Benefits 2024 |
| Proposed By | The Government of Canada |
| Country | Canada |
| Benefit Providing Agency | CRA |
| Main Purpose of the Payment | Financial Assistance |
| Canada Parental Benefit Eligibility 2024 | Parents of a newborn or adopted child |
| Payout Frequency | Weekly |
| Canada Parental Benefit Amount 2024 | $688 (Standard parental)$401 (extended parental) |
| Post Type | Finance |
| Official Website | canada.ca |
Canada Parental Benefit Eligibility 2024
The individuals falling in the category of the following conditions are considered to be eligible for the parental benefits
- Pregnant individuals
- Blessed with a newborn while claiming the benefit
- Parents looking after an adopted child
- Individuals weekly earnings were reduced by a factor of 40% because of the circumstances
- Individuals have an employment history of about 600 hours prior to claiming the benefit amount
- Individuals claiming the benefit should be a citizen of Canada
The individuals are advised to claim the benefits as soon as possible.
| Individuals claiming the benefit for: | Ideal claiming period |
| Standard Child | Within initial 12 months |
| Adopted Child | Within initial 18 months |
CRA Parental Benefits Payment Schedule 2024
The maternity benefits can be claimed within a duration of 3 months (12 weeks) prior to the birth of a child. The eligible individuals can claim up to 15 weeks of benefit.
The individuals receiving the parental benefits are advised to claim the benefits as soon as possible.
| Individuals claiming the benefit for: | Ideal claiming period |
| Standard Child | Within initial 12 months |
| Adopted Child | Within initial 18 months |
The parental benefits can be claimed by the parents of the child and can be shared by both the parents. However, the maternity benefits can be claimed only by the mother of the child or an individual giving birth and cannot be shared among the parents.
Once a decision is made for the claims made by the individuals, they are granted weekly payments according to the type of benefit the individuals chose to receive.
Parental Benefits Payment Amount 2024
The maternity benefits are available only to the mother giving birth to the child, whereas, the parental benefits can be retrieved by parents of the children. The parents of an adopted child are also eligible to claim the benefit.
The benefit amount is calculated based on the number of weeks where the employment skyed and other insurable earnings.Furthermore, the amount of benefit to be granted is calculated based on the relationship of the parents as stated below:
| Relationship to the child | Canada Parental Benefit Amount 2024 (Weekly) |
| Standard Parent | $668 |
| Extended Parent | $401 |
The benefits can be shared among the individuals if they apply for the same type of relationship as follows:
| Status | Benefit Amount to be shared | Benefit % |
| Standard Parent | 40 weeks Max benefit received by one parent – up to 35 weeks | 55% |
| Extended Parent | 69 weeks Max benefit received by one parent – up to 61 weeks | 33% |
How To Claim Canada Parental Benefits 2024
The individuals are advised to claim the benefits within a period of 12 months for standard parental benefits and 18 months for extended parental benefits. However, if an individual resigns from work, they are advised to claim the benefit within a period of one month of resigning.
- Visit the official website and choose to apply for parental benefits
- Choose the type – standard parental or extended parental
- Provide information related to birth date and employment details
- Complete application
- Attach supporting documentation or submit them at a nearby Service Canada Centre
- Provide SIN and 4-digit code (received by mail)
- Check the status of application at My Service Canada Account or by contacting CRA directly.
FAQs Related to CRA Parental Benefits 2024
Yes, the individuals get the advantage to claim parental benefits along with maternity benefits if they qualify for the same.
Yes, the benefit amount can be shared if both the partners submit their applications by choosing the same type of relationship – standard or extended parent.
The parental benefits are weekly payments issued to all eligible beneficiaries.
The individuals claiming standard parental benefit are entitled to receive up to $668 and those claiming extended parental benefit can receive up to $ 401.
All eligible individuals are granted the benefit amount after 28 days of their application date.