The Government of Canada announced a 1.4 percent quarterly rise for the October to December 2026 term, therefore low-income Canadian elderly will get higher Guaranteed Income Supplement (GIS payments next week.
The strongest single-quarter GIS modification of the entire calendar year will occur on Wednesday, October 28, 2026, when the first payment at the new rates is expected.
A senior who is collecting the maximum GIS will receive an additional $15. 73 per month, compared to the July to September quarter, pushing the new monthly maximum to $1,138. 90.
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Source: https://immigrationnewscanada.ca