Canada

Many Canadians rely on monthly pension benefits such as the Canada Pension Plan (CPP) and Old Age Security (OAS) to meet their everyday expenses in retirement. Recently, rumors have been circulating online that seniors aged 55+ will receive a $1200 extra CPP/OAS pension in October 2025. Understandably, this has created excitement and confusion among pensioners … Read more

The Guaranteed Income Supplement (GIS) is one of Canada’s most important federal benefits, designed to provide tax-free monthly payments to low-income seniors. As of October 2025, eligible seniors aged 60–64 years can receive up to $1,395 per month, depending on their marital status and income level. Administered by Service Canada and the Canada Revenue Agency … Read more