$1,700 GIS Benefit Hike for 2025: Eligibility Criteria & Payment Dates Explained
In 2025, Canada will be implementing a major boost to the Guaranteed Income Supplement (GIS) benefit, which would increase the income of eligible seniors by $1,700 per year. The adjustment is intended to help low-income seniors, counteracting inflation and increasing living expenses. In this article, we will explain who is eligible for the GIS boost, when payments will be made, and what you need to do to receive the benefit. What is the Guaranteed Income Supplement (GIS)? The Guaranteed Income …