The $1,381 GIS Spousal Allowance is one of Canada’s most vital support mechanisms for low-income seniors. Administered by Service Canada and the Canada Revenue Agency (CRA), this program ensures that spouses or common-law partners of Guaranteed Income Supplement (GIS) or Old Age Security (OAS) recipients also receive financial assistance. As the cost of living continues to rise, this non-taxable payment brings significant relief to Continue reading
Guaranteed Income Supplement
GIS $1120 Payment In April 2025- Eligibility, Dates, And Everything You Need To Know
The Guaranteed Income Supplement (GIS) is a vital financial support program for seniors in Canada, offering monthly payments to low-income individuals who qualify for Old Age Security (OAS). As inflation continues to affect the cost of living, GIS benefits are indexed quarterly, meaning they can be adjusted to keep pace with rising costs. The GIS $1120 per month deposit for April 2025 has generated Continue reading