In response to soaring inflation and rising living costs, the Canadian government has announced a historic increase to the Guaranteed Income Supplement (GIS) for 2025. This update offers enhanced monthly support to low-income seniors, helping them better manage everyday expenses such as groceries, healthcare, and housing. If you’re already enrolled in the Old Age Security … Read more
Rumors about a $5,200 double payment for Canadian seniors have flooded social media ahead of April 2025. Many seniors are wondering if they’re about to receive a major financial windfall through programs like OAS, GIS, and CPP. This article separates fact from fiction, explains the current benefits structure, and offers practical advice on verifying your … Read more
As the cost of living continues to rise, many Canadian retirees are looking for reassurance in their monthly income. In April 2025, a combined benefit payout of up to $3,500 is expected through the Canada Pension Plan (CPP) and Old Age Security (OAS) programs, including possible supplements like the Guaranteed Income Supplement (GIS). These programs are vital financial supports for seniors, and understanding … Read more
