The Canada Revenue Agency (CRA) has officially confirmed that millions of seniors will see an Old Age Security (OAS) boost of up to $742 in October 2025. This increase comes as part of the government’s ongoing effort to protect retirees from the impacts of rising inflation and higher living costs. For many older Canadians, this Continue reading
OAS Increase 2025
New $814.09 OAS Payment Confirmed for October 2025: Eligibility and Key Dates
The Old Age Security (OAS) program is one of the most important retirement benefits for Canadians. It provides monthly payments to seniors aged 65 and older who meet residency requirements, regardless of their employment or contribution history. As living costs continue to rise, OAS payments are reviewed quarterly and adjusted in line with the Consumer Continue reading