CRA Announces $742 OAS Increase for Seniors – Eligibility, Payment Dates and Full Details Explained

The Canada Revenue Agency (CRA) has officially confirmed a $742 Old Age Security (OAS) boost starting in January 2025, bringing much-needed financial relief to millions of Canadian seniors. This increase is part of the government’s broader commitment to help older citizens cope with rising living costs, inflation, and healthcare expenses. For many retirees, OAS represents … Read more