CRA Confirms $742 OAS Boost for 2025- New Rates, Eligibility Rules, and What to Expect This Year

If you’ve seen the headlines about a “CRA-confirmed $742 OAS boost” for 2025, you might think it’s a sudden bonus cheque for seniors — but that’s not exactly how it works.**The increase is real, but it’s part of a broader system of quarterly inflation adjustments under the Old Age Security (OAS) program. The goal isn’t … Read more

$1364 CPP & OAS Checks in Canada 2025 – CRA Clarifies Truth About New Senior Payments

The CRA is helping the individuals with the payments towards the inflation and the benefits are released in order to maintain the living standards. The $1364 CPP OAS Checks For Seniors In Canada have been in the news for a long time and it has been known that $1364 was the amount for the year … Read more