Canada CPP Tops $1.5K Monthly

Current Canada pension payments were scheduled for August 27, 2026, with money sent by direct deposit or cheque depending on each recipient’s setup.
Eligibility starts at age 60 with at least one valid contribution from work in Canada or credits transferred after a divorce or separation.
Eligible Canadians must apply online through their government account or by mail; payments do not begin automatically, even when age and contribution rules are met.
Canadians applying after 65 can request a retroactive start, and working while receiving the pension does not reduce the retirement amount paid.
For 2026, the maximum monthly amount at 65 was ~$1.5K. In the current month, avg. new age-65 beneficiaries received ~$877 per month.