Guaranteed Income Supplement (GIS) acts like a helping hand for most low-income seniors in Canada, as it keeps providing important financial support to satisfy part of the bills related to habitation, food, electricity, and health care. Now, rumors are circulating about a $1,717 increase in GIS payments that would take place in March 2025, whereby … Read more
This financial assistance offered to Canadian seniors by the government is guided by OAS and GIS benefits. For some time now, discussions have circulated about a possible $2800 + $1500 OAS & GIS payment in March 2025. The objective of this article is to sort out whether this payment is for real, the potential recipients, … Read more
In March 2025, qualifying Canadian seniors will prepare to receive their Old Age Security (OAS) payments, an essential part of the public pension scheme in Canada. Citing eligibility, payment amounts, and important dates would benefit anyone seeking to optimize benefits from this program. Understanding Old Age Security (OAS) The government pension for seniors 65 and … Read more