Support for Seniors
In May, the Federal Government announced additional measures to help Canadian seniors with increased costs due to COVID-19. Seniors built this country and made it strong. We owe it to them to help now.
This federal support is a one-time tax-free payment of $300 for seniors receiving Old Age Security (OAS), plus an additional $200 for seniors eligible for the Guaranteed Income Supplement (GIS).
Other measures announcement this morning include:
- Expanding the New Horizons for Seniors Program with an additional investment of $20 million to support organizations that offer community-based projects that reduce isolation, improve the quality of life of seniors, and help them maintain a social support network.
- Temporarily extending GIS and Allowance payments if seniors’ 2019 income information has not been assessed. This will ensure that the most vulnerable seniors continue to receive their benefits when they need them the most. To avoid an interruption in benefits, seniors are encouraged to submit their 2019 income information as soon as possible and no later than by October 1, 2020.
These measures are on top of the already administered GST credit of $375, which was provided to low and mid-income seniors in April.
For more information, please visit: https://pm.gc.ca/en/news/news-releases/2020/05/12/prime-minister-announces-additional-support-canadian-seniors