$1,000 + $946 Extra OAS Payment in February 2025 – Eligibility & Amount Breakdown

It is being discussed in Canada that the CRA will soon provide an amount of $1000 and $946 to senior citizens. This $1000 amount will be for those senior citizens who claim Old Age Security (OAS), while $946 will be an additional payment, which can be considered as GIS (Guaranteed Income Supplement). This means that … Read more

$1660 Extra CPP Payment for Seniors in 2025 – Eligibility and Payment Breakdown by CRA

The Government of Canada will provide an extra lump sum of $1,660 to eligible recipients of the Canada Pension Plan in January 2025. This aid is for seniors and other recipients who are experiencing the increasing inflation and cost of living. If you want to benefit from this payment, you should have the right information … Read more