$1,266 OAS Payment Increase in February 2025 – Find Out the Deposit Schedule

As such, the current rumor among the seniors of Canada is about an annual increase in Old Age Security (OAS) payments by $1,266 starting in February 2025. If true, it will translate to an average increase of $105.5 every month. This bears good news to elderly people who have to grapple with poisonous inflation and … Read more

Get Your $1,800 GIS Payment in February 2025 – CRA Payment Dates Explained

In Canada, the CRA (Canada Revenue Agency) provides various benefits, including Guaranteed Income Supplement (GIS), Old Age Security (OAS), CPP, and many other pension benefits. All these benefits are monthly financial assistance programs, which are specifically for senior citizens. There are many updates coming in 2025. At present, the GIS benefit is $1086.88 per month, … Read more