Canada’s $4,100 CRA Payment: Financial assistance provided by the government plays a significant role for seniors in Canada. In February 2025, some eligible citizens may receive a total payment of up to $4,100 under various government schemes, including the Canada Revenue Agency (CRA), Old Age Security (OAS), Guaranteed Income Supplement (GIS), and Canada Pension Plan … Read more
In February 2025, many Canadian seniors may have heard that Old Age Security (OAS) payments could increase to $1,850 per month. This news has created a lot of buzz among retirees and their families. Since OAS is a vital income source for seniors, it is important to understand the truth of this change. But is … Read more
In Canada, most seniors are eligible for Old Age Security (OAS), the Canada Pension Plan (CPP), and the Guaranteed Income Supplement (GIS). The payments are set to change in February of 2025 and are expected to benefit many millions of retirees. We’ll tell you all these monthly amounts, which of them you might be eligible … Read more