The biggest confirmed quarterly increase in 2026 is included in the next Old Age Security (OAS) payment and Guaranteed Income Supplement deposits, which Canadian seniors will get on Wednesday, July 29, 2026.
According to the Canadian government, OAS benefits would increase by 1. 2% in the third quarter of 2026, raising maximum monthly payments to $751. 97 for seniors between 65 and 74 years old and $827. 17 for those 75 years and older.
Because OAS and GIS eligibility are dependent on years of Canadian residency rather than employment history, it is crucial for newcomers, prospective immigrants, and long-term inhabitants to comprehend how the Canadian public pension system operates.
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Source: https://immigrationnewscanada.ca