Ontarians continue to feel the squeeze as the cost of living climbs, with grocery bills and housing expenses being among them. Adding to the financial strain, the U.S. has recently imposed new tariffs on certain Canadian goods, a move that could push prices even higher in the coming months.
For those struggling to keep up with expenses, several government assistance programs provide financial relief on a quarterly or monthly basis.
Here’s a look at the cheques sent out so far this year and what to do if you have missed payments:
Canadian Pension Plan and Old Age Security
The Canadian retirement benefits system includes the Old Age Security pension, guaranteed income supplement, allowance, and allowance for the survivor, along with the Canadian Pension Plan.
CPP: Residents over 65 are eligible for a maximum monthly payment of $1,433. OAS Pension: Individuals aged 65 to 74 with an annual income below $148,451 can receive up to $707.67 per month. …