OAS vs CPP vs GIS

CRA Confirms $742 OAS Boost in 2025 – Check Eligibility Rules and Claim Process

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If you’ve been keeping tabs on Canadian retirement benefits, you’ve likely seen the headline: “CRA confirms $742 OAS boost in 2025.” At first glance, it might sound like a bonus cheque from the government. But before seniors start planning a vacation or shopping spree, it’s important to understand what this really means. The Old Age … Read more

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

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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