Cost Of Living Increase 2024 Canada Oas
Cost Of Living Increase 2024 Canada Oas. Find out more about old age security (oas) payment amounts. The average cost of living in canada is $2,611 per month.
Your payments under the old age security (oas) and canada pension plan (cpp) are indexed annually to account for inflation and cost of living increases. The oas pension was permanently increased by 10 per cent for seniors aged 75 and over in july 2022.