In one of the most significant updates to Canada’s social safety net in decades, the federal government has announced that the eligibility age for Old Age Security (OAS) benefits will gradually increase from 65 to 67. The adjustment, which begins with individuals born on or after October 1, 2025, is part of a broader effort Continue reading
Canada
Old Age Security for October 2025 Goes Out Soon With a Payment Boost
Canadian seniors have something to look forward to this October — a new round of Old Age Security (OAS) payments featuring a 0.7% increase for the final quarter of 2025. This latest adjustment helps millions of retirees keep pace with rising living costs, ensuring that financial support remains steady and reliable through the end of Continue reading
Canada Cost of Living Increase for November 2025 – See New Rates & Payment Dates
The Government of Canada has confirmed that Old Age Security (OAS) payments will rise by 0.7% for the October–December 2025 quarter. This automatic increase reflects the latest inflation data and ensures that seniors’ purchasing power keeps pace with rising prices. Eligible retirees will see the new payment rate reflected in their November 26, 2025 deposit. Continue reading
CRA Confirmed $2,000 Direct Deposit October 2025: Who’s Eligible Payment Dates and Full Details
As October 2025 begins, millions of Canadians—particularly seniors and low-income households—are preparing to receive a substantial financial boost of up to $2,000 or more through direct deposit from the Canada Revenue Agency (CRA) and Service Canada. This isn’t a new government program, but a combination of existing federal benefits: the Canada Pension Plan (CPP), Old Continue reading