The Canada Revenue Agency (CRA) plays a vital role in distributing financial support to eligible Canadians through various programs. These include Old Age Security (OAS), Canada Pension Plan (CPP), Guaranteed Income Supplement (GIS), and the GST/HST Tax Credit. As of May 2025, the Continue reading
OAS
Canada’s $2,350 CRA Payment Coming In April 2025 – Who Qualifies And When To Expect It
In response to rising living costs, the Canadian government has announced a one-time relief payment of $2,350 for eligible seniors in April 2025. This initiative aims to assist low- and middle-income seniors in managing essential expenses such Continue reading
OAS, GIS & CPP May 2025 Changes – New Payment Amounts, Eligibility Rules & What Retirees Must Know
Canada’s key senior support programs—Old Age Security (OAS), Guaranteed Income Supplement (GIS), and the Canada Pension Plan (CPP)—have been updated for May 2025 to provide better financial stability for seniors amid inflation and rising living expenses. These adjustments ensure that retirees Continue reading
CRA Announces 2025 Changes- How New Rules Impact OAS And CPP Pension Benefits
In 2025, the Canada Revenue Agency (CRA) has introduced significant updates to the Old Age Security (OAS) and Canada Pension Plan (CPP) programs. These changes aim to enhance financial support for Canadian seniors, reflecting adjustments in contribution Continue reading
$4,000 Increase for CPP and OAS in April 2025 – Eligibility, Payout Dates & Full Breakdown
With rising inflation and increasing living costs putting pressure on household finances, the Government of Canada is responding with a substantial enhancement to the Canada Pension Plan (CPP) and Old Age Security (OAS). This adjustment, effective in Continue reading
Surprise $2,550 OAS Deposit For Canadian Seniors – Are You On The Eligibility List?
Thousands of Canadian seniors are waking up to a surprise in their bank accounts this April. A combined $2,550 deposit is being issued to eligible recipients of the Old Age Security (OAS) and Guaranteed Income Supplement (GIS) programs. This financial boost is a timely response Continue reading
How To Work At 70 And Maximize Your CPP & OAS Benefits In 2025
In Canada, the Canada Pension Plan (CPP) and Old Age Security (OAS) are essential programs that provide financial support for seniors. Many Canadians are opting to continue working beyond age 70, either out of financial necessity or Continue reading
Canadian Seniors To Get $2,350 In 2025 – Are You On The List?
In 2025, Canadian seniors may receive up to $2,350 per month in combined government benefits. This support comes from two key programs: the Old Age Security (OAS) and the Guaranteed Income Supplement (GIS). The increase is part of the government’s effort to assist low-income Continue reading
April 2025 Pension Update- Key Changes to CPP, OAS, and GIS Payments
Canada’s Canada Revenue Agency (CRA) has announced significant updates to the federal pension benefits starting in April 2025, aimed at helping seniors cope with the rising cost of living. This year’s adjustments include a 2.7% increase in Continue reading
Low-Income Seniors Set To Receive $1,976 In April 2025 – Are You On The CPP & OAS Payment List?
In April 2025, thousands of low-income Canadian seniors are set to receive a significant financial boost, with combined monthly benefits reaching up to $1,976. This increase comes through a combination of federal retirement support programs including the Canada Pension Continue reading