As of April 2025, Canadian seniors continue to receive stable and inflation-adjusted OAS and GIS payments. Despite rumors of a $1,946 bonus, there is no official confirmation.
The Canadian government’s OAS and GIS programs provide up to $1,450 per month for low-income seniors.
This guide to the Old Age Security (OAS) benefits in Canada explains everything you need to know about eligibility, the payment amounts, the Guaranteed Income Supplement (GIS), and how to apply for OAS. With the potential for monthly benefits exceeding $2,200, seniors can plan effectively for their financial future.
In May 2025, eligible Canadian seniors could receive a GIS payment of up to $1,086.88. This article explains eligibility rules, income limits, how to apply, and practical tips to help low-income retirees make the most of this important benefit.
The $1,518 extra for low-income Canadian seniors offers essential financial relief to seniors in need. Through GIS, the Canada Workers Benefit, and GAINS, seniors can access financial support.
