Cdn. Yield: Corps, Trusts, GICs, Pref. Shares - OAS Increase coming - Cdn. Yield: Corps, Trusts, GICs, Pref. Shares - InvestorVillage


Cdn. Yield: Corps, Trusts, GICs, Pref. Shares
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Msg  111930 of 112082  at  6/29/2022 6:00:01 PM  by

ArdeeL


 In response to msg 111929 by  windsurfer12
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Re: OAS Increase coming

 Uncle Sam?  Wrong country.  When they gave the Seniors $500 last year, the Trudeau government also said that, because of increased costs, they would raise the OAS by 10% for those over 75 starting in July 2022.  I assume that there will be the normal adjustment for the increase in CPI plus 10% of the new amount.  The first payment will be on July 27, 2022.


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