As July 2025 approaches, many Canadian seniors are hearing talk of a $1,700 GIS (Guaranteed Income Supplement) bonus landing in their accounts. While the possibility of a large payment is appealing, the reality is slightly different. Here’s a clear …
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The Canada Pension Plan (CPP) and Old Age Security (OAS) are crucial programs that help ensure financial security for Canadian retirees. These programs provide essential support for seniors, individuals with disabilities, and low-income families. Understanding the payment schedules, eligibility, …
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As housing affordability continues to strain Canadian households, the federal government has introduced a $430 one-time rent relief payment to support eligible renters in July 2025. This targeted benefit aims to provide immediate financial assistance …
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As the cost of living continues to rise, many Canadian seniors are aiming to secure at least $2,500 per month in retirement income. While there’s no automatic $2,500 government pension, combining Canada Pension Plan (CPP), Old Age Security (OAS), and other supplemental …
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As you approach retirement or are already in your senior years, it’s crucial to stay updated on changes to Old Age Security (OAS) to maintain your financial stability. For Canadian seniors, the OAS payment amounts …
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Canada’s seniors are seeing a welcomed boost in their retirement income in 2025, with the Canada Pension Plan (CPP) maximum benefit increasing to $1,364.60 per month. This move reflects the federal government’s continued efforts to …
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As of July 2025, the Canada Revenue Agency (CRA) has officially confirmed that eligible families will receive up to $619 per month per child under the Canada Child Benefit (CCB) program. This tax-free financial support …
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Canadian seniors relying on monthly government support can now mark their calendars with certainty—the Old Age Security (OAS) July 2025 payment will be made on Wednesday, July 30, 2025. This direct deposit or mailed cheque …
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This July 2025, senior Canadians could see up to $1,860 deposited into their bank accounts—representing the maximum monthly Old Age Security (OAS) benefit. This higher rate applies to individuals aged 75 and over, offering enhanced financial support as cost‑of‑living pressures continue …
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