Seniors to receive up to $500 to offset added costs due to COVID-19

Source: https://www.cbc.ca/news/politics/seniors-supports-covid19-1.5565743

Seniors to receive up to $500 in a one-time payment to offset added costs due to COVID-19

Seniors will be receiving a one-time payment of up to $500 to help offset any increases in the cost of living due to COVID-19 — and Prime Minister Justin Trudeau today promised to help find long-term solutions to the tragedies unfolding in long-term care facilities.

Seniors Minister Deb Schulte said today that seniors who qualify for Old Age Security (OAS) will be eligible for a one-time, tax-free payment of $300, and those eligible for the Guaranteed Income Supplement (GIS) will get an extra $200.

Those eligible for both will receive $500…

Source: https://www.cbc.ca/news/politics/seniors-supports-covid19-1.5565743