A Canada PRO deposit is a payment made to eligible residents of Ontario and Alberta through the Canada Revenue Agency (CRA) on behalf of those provinces. It is a government program that helps disperse tax credit and benefit program monies to eligible residents of Ontario and Alberta. The Canada PRO deposit is a combination of government benefits that are designed to help low to moderate-income residents of Ontario and Alberta cover some of the costs they may encounter. The following are the four Canada PRO programs:

• Northern Ontario Energy Credit
• Ontario Energy and Property Tax Credit
• Ontario Sales Tax Credit
• Alberta Child and Family Benefit

Each program has its own eligibility requirements and maximum payment amount that varies by age and where you live. If you see a deposit in your bank account under the name Canada PRO, it means that you have received a payment from one of these programs. The CRA makes these payments to certain Canadians living in the provinces of Alberta and Ontario, often by direct deposit. You can use the money to pay down bills, repay personal loans, or rent. Receiving the benefit doesn’t impact your credit score.