Trudeau's OAS Increase
True, Trudeau has proposed a $1,580 boost in OAS payments.
OAS Boost Overview
OAS payments could rise to help seniors cope with higher living costs.
$1,580 OAS Rumors
Plausible, a 5-10% increase in OAS is speculated, potentially amounting to $1,580.
OAS Payment Updates
A 0.5% increase in OAS is expected, with updates available via CRA's "My Account."
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Breaking News on OAS
OAS payments raised in 2024; under 75s receive CAD 707, over 75s get CAD 778.46, with potential adjustments for couples.
Impact of Trudeau's OAS Proposal
Aims to provide crucial support to financially struggling seniors.
Stay Informed on OAS
Seniors should check CRA's "My Account" for updates on potential OAS
adjustments
.
Full Article here