The long-awaited 2021 federal budget has a little something for everyone, with big promises on child care and a green, equitable recovery.
Among those promises are several items that will impact seniors’ personal finances in 2021 and in the years to come. Here’s what those promises are, and what they could mean for you.
The biggest item on the menu is $12 billion over five years to increase the amount paid out through Old Age Security for seniors 75 and older. The OAS increase will provide up to $766 more per year in the first year, starting July 2022, and grow […]
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