To help low-income seniors keep up with the rising cost of living, the Canadian government has officially confirmed a $1,395 annual increase to the Guaranteed Income Supplement (GIS) starting July 2025. This move aims to provide greater financial relief for elderly citizens relying heavily on Old Age Security (OAS) and facing income challenges due to inflation and economic uncertainty. Let’s break down what this Guaranteed Continue reading
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$200 Monthly Canada Disability Benefit Begins In July 2025 – Check Eligibility, Payment Schedule & Application
Starting July 2025, eligible Canadians will begin receiving the newly confirmed $200 Monthly Canada Disability Benefit (CDB). This initiative is part of the federal government’s broader Disability Inclusion Action Plan, which aims to provide consistent support to low-income adults living with disabilities. This monthly payment is tax-free, designed to help alleviate poverty and enhance independence among over 600,000 Canadians expected to Continue reading