In 2025, eligible Canadian seniors could receive up to $2,500 per month in retirement income through a combination of the Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS). But here’s the reality: not everyone will automatically qualify for the maximum payout. Understanding how each program works — and how to optimise your eligibility — can make Continue reading
Old Age Security 2025
Canada’s Old Age Security Payout Tops $800 For Seniors This August
For Canadian seniors, Old Age Security (OAS) is a vital financial support program that helps cover the cost of living during retirement. In August 2025, the Canada Revenue Agency (CRA) has confirmed a modest increase in OAS payments, with eligible seniors receiving up to $808.45, depending on their age. With the rising cost of essentials like groceries, transportation, and housing, every dollar Continue reading