Canada’s $500 Monthly and $2,100 GIS Increase in 2024: Eligibility and Payment Dates
As of 2024, Canada has introduced a significant boost to the Guaranteed Income Supplement (GIS) for low-income seniors. Eligible seniors will now receive an additional $500 each month, totaling an extra $2,100 annually. This measure aims to provide greater financial security to seniors facing the rising cost of living. Below, we’ll explore the eligibility requirements, … Read more