As Canada’s cost of living continues to rise, the government has reaffirmed its support for seniors by increasing financial aid through its Old Age Security (OAS) and Guaranteed Income Supplement (GIS) programs. In April 2025, eligible low-income seniors can receive up to $1,615 per month, with some receiving even more depending on age and income … Read more
In May 2025, a wave of interest has swept across Canada regarding a rumored $1,380 cash bonus for seniors. Many older adults are wondering whether this payment is real, who might qualify, and when the money will arrive. This guide explains everything currently known about this potential bonus, clarifies what’s actually confirmed for May 2025, and … Read more
In response to ongoing inflation and rising living costs, the Canadian government has announced a one-time $250 GST Relief Payment scheduled for May 2025. This initiative aims to provide financial assistance to low- and middle-income Canadians, helping them manage essential expenses. The payment will be administered by the Canada Revenue Agency (CRA) and is designed … Read more
In 2025, the Canadian government has implemented significant changes to federal pension programs to assist seniors in managing the rising cost of living. These adjustments include increases to the Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS). Detailed Breakdown of Payment Increases The following table summarizes the updated monthly … Read more
