OAS, GIS & CPP May 2025 Updates- New Benefit Amounts, Eligibility Changes & What Canadian Retirees Should Know
Canada’s principal senior assistance programs—Old Age Security (OAS), Guaranteed Income Supplement (GIS), and the Canada Pension Plan (CPP)—have received crucial updates for May 2025. These revisions are designed to provide better financial support to retirees, especially amid ongoing inflation and increasing living costs. Higher monthly payments, expanded eligibility thresholds, and improved contribution schemes collectively aim to strengthen financial … Read more