Federal Government Confirms $1395 GIS Increase, Check Eligibility Rules and Payment Dates

Low-income seniors in Canada are set to receive some long-awaited financial relief this summer. Beginning July 2025, the federal government will introduce a \$1,395 annual increase to the Guaranteed Income Supplement (GIS), adding roughly \$116.25 per month to the budgets of eligible retirees. This boost comes as inflation and rising costs continue to strain seniors’ … Read more

$1395 GIS Increase Confirmed for Seniors, Bigger Payments Ahead

Canada’s low-income seniors are set to receive a meaningful financial boost beginning in July 2025. The federal government has officially confirmed a \$1,395 annual increase to the Guaranteed Income Supplement (GIS), translating to an additional \$116.25 every month for those who qualify. With grocery bills climbing, rent and utilities rising, and inflation continuing to pressure … Read more