In January 2025, the Government of Canada will formally announce an enhancement for seniors. Additionally, eligible seniors will earn $1,000 plus an add-on of $946 by Old Age Security (OAS) this time. The enhancement seeks to relieve the financial burdens and improve the members’ quality of life internally. Here’s what you should know about eligibility … Read more
Big pension increases for seniors across Canada in 2025 will be as a result of the changes in the Old Age; Canada Pension Plan; Guaranteed Income Supplement payments. Benefits are likely to assist seniors in cushioning the cost of living and provide an up-scaled financial security level. Here’s a close look at the new payment … Read more
Canadian citizens will see an increase in their Old Age Security (OAS), Canada Pension Plan (CPP), and Guaranteed Income Supplement (GIS) payments from the year 2025 onward. These increases will assist the seniors in bearing the rising cost of living and staying independent in their autumn years. Below is a specific breakdown of the amounts … Read more