OAS Payments Rise In July 2026, With Some Seniors Eligible For Nearly $830

OAS Payments Rise In July 2026, With Some Seniors Eligible For Nearly $830

Old Age Security payments will increase in July 2026 as the federal government adjusts benefits to reflect changes in the cost of living. OAS benefits will rise by 1.2% for the July-to-September quarter. This brings the total increase between July 2025 and July 2026 to 2.3%. Eligible Canadians will receive the higher amounts with their … Read more

Canada Groceries Benefit 2026-27: $950 for Single Seniors

Canada Groceries Benefit 2026-27: $950 for Single Seniors

The Canadian federal government has enacted the Canada Groceries and Essentials Benefit to ease affordability pressures facing low- and modest-income Canadians. This initiative replaces and enhances the existing GST/HST Credit and introduces both immediate and longer-term support measures beginning in spring 2026, subject to Royal Assent. Under this benefit, a single senior with a net … Read more