In a major move to support low-income Canadian seniors, the government is preparing to issue a $2,100 Guaranteed Income Supplement (GIS) increase, along with a $500 one-time relief payment in April 2025. This $2,600 total payout aims to counter rising inflation, increasing healthcare costs, and housing expenses. Let’s break down the details of this payment, eligibility criteria, and what seniors can expect next Continue reading
Canadian Seniors
$1,576 OAS Payment In April 2025 For Canadian Seniors- Eligibility, Payment Date & Updates
Canadian seniors could be looking at a substantial Old Age Security (OAS) payment of $1,576 in April 2025, based on recent updates associated with a proposed temporary boost. While Mark Carney, Canada’s newly anticipated Prime Minister, has not released an official confirmation, discussions around a one-time raise in OAS benefits have created a wave of speculation and anticipation among seniors aged Continue reading