There have been recent claims suggesting that Canadian seniors will receive a $2,350 increase in Old Age Security (OAS) benefits in March 2025. However, after thorough fact-checking, there is no credible evidence supporting this claim. Instead, the federal government has maintained the standard OAS payment adjustments that are reviewed quarterly based on inflation and the … Read more
The Canadian government has confirmed the Old Age Security (OAS) payment updates for 2025. While OAS benefits are reviewed quarterly to adjust for inflation, the April to June 2025 quarter will see no changes in payment amounts compared to the previous quarter. However, there has been a 2% increase over the past year, from April … Read more
As Canadians eagerly await their Old Age Security (OAS) payments, a claim has surfaced suggesting that some recipients will receive a substantial payment of $2,650 in February 2025. Is this claim true? Let’s take a closer look at the facts and provide a clear understanding of what you can expect regarding your OAS payments in … Read more