Canada Strengthens Old Age Security and Guaranteed Income Supplement for Seniors

Canada Strengthens Old Age Security and Guaranteed Income Supplement for Seniors

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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