Canada Strengthens Old Age Security and Guaranteed Income Supplement for Seniors In a move that brings relief to many senior citizens, Canada has announced significant changes to its Old Age Security (OAS) benefits and Guaranteed Income Supplement (GIS) for low-income seniors. The Trudeau government’s decision, effective from 2024, aims to provide a more secure financial future for the country’s aging population. Boosting OAS and GIS Benefits
The OAS, a monthly payment available to most Canadians 65 years and older, will see an increase in benefits. This adjustment is part of the government’s commitment to ensuring dignified living conditions for […]
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