The Canadian pension is normally paid on the second last banking day each month. There is one exception to this in December when the payment is made the second last banking day before Christmas
It’s important to know what date your Canada Pension Plan (CPP) payments are made before you retire. The CPP is a monthly pension that all Canadian residents, age 18 or older who have contributed for at least 10 years in the past, will receive when they reach retirement age.