CRA’s $1700 Extra Increase Coming in February 2025 – Check Payment Date & Eligibility

It has come to be the talk of the town among the citizens of Canada that they are in line to receive a one-time additional payment of $1700. Reports claim that this increase by the CRA (Canada Revenue Agency) is to be given via OAS (Old Age Security) and CPP (Canada Pension Plan) payments, which translates to a total of $1700 combined.

This amount, which is said to come in as a financial lifeline for those senior citizens, is being looked upon as much needed due to the scenario of ever-increasing inflation and the costs of living. The truth here is that no official announcement has yet confirmed this $1700 increase. Nevertheless, it is still an estimate based solely on speculation about whether CRA could make such an increase in OAS and pension payments.

And in other circumstances, it really calls for distinguishing rumor from fact. Some facts and figures say that CRA has already increased OAS and CPP pension payments. The Canadian Pension Plan (CPP) pension is being raised from $1364.60 to $1433. However, there are no increases on the first quarter of the Age Pension (OAS).

Thus the CRA still needs to make a decision on whether OAS and CPP would be paid together in an overall payment of $1700. If this increase comes through officially, it will come like a breath of fresh air to seniors. This would ease their maintenance of basic living expenditures, including health care, rent, food, and daily essentials.

CRA Raised CPP & OAS Payment 2025- Overview 

Extra OAS/CPP Raised Benefit Eligibility 2025

So far, neither the CRA nor Service Canada has confirmed the additional $1700. If it does get approved, then there will probably be some eligibility under which it may be claimed:

OAS Pension:

• Be 65 years of age or older.
• Only permanent residents of Canada will be considered.
• Applicants for this pension should have lived in Canada for a span of 10 years after they become 18.

CPP Payment:

• At age 60, an individual can make a claim for CPP; however, there may be some deductions involved.
• Seniors at age 65 would be entitled to the full pension (100 percent).
• Those at age 70 can claim an amount greater by 42 percent.
• The CPP pension is payable only to contributors during their employment.

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Extra CRA Raised Payment Dates 2025

Official date of payment for this extra $1700 pension increase has been made public so far. But, if it got approved, we can expect it to land around the usual dates of CRA payments. Dates on which the CRA makes general OAS/CPP payments (2025)

At the time of the CRA’s confirmation regarding the increase, the announcement shall elucidate how much and when it got deposited. Meanwhile, everyone should take a note of the CRA’s official website as well as their My Service Canada account to be made aware of this update.

Fact Check: $1700 Extra Raised CRA Payment Feb 2025

As of now, there is no official announcement regarding this $1700 extra payment coming from the Government of Canada, CRA or Service Canada. No official communication was put out by the CRA to that effect. These sorts of expressions have been made a hundred times and were later retorted.

This is nothing more than gossip on the fringes of various Internet forums and social media; the authenticity of this news is under a question mark. Hence, as a standard caution, seniors are to be advised to get information from only government websites or any official sources, never be misled by so-called heroes or smart social media X-Men posts.

Conclusion

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There is no official word on the $1700 increase. Just estimates about OAS and CPP. The CRA has not made any official declarations concerning it. Citizens are to rely exclusively upon the government website as well as the CRA portal. If this $1700 payment gets approved, the CRA and the Government of Canada will announce confirmation of this increase and the actual payment dates. Until then, please be cautious and don’t buy into the rumors!

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