The Canada Revenue Agency (CRA) has announced double payments in March 2025. Eligible seniors can receive up to $1,700 from Old Age Security (OAS) and an additional $650 as a one-time Extra Help Payment. This financial boost is meant to help seniors cope with inflation and the rising cost of living. Below is everything you need to know about eligibility, payment details, and how to ensure you receive these benefits.
What Are the Double Payments in March 2025?
Breakdown of the Payments
| Payment Type | Amount | Details |
|---|---|---|
| OAS Monthly Payment | Up to $1,700 | Includes Guaranteed Income Supplement (GIS) |
| Extra Help Payment | $650 | One-time GST Relief Payment |
| Total Potential Payment | Up to $2,350 | If eligible for both benefits |
These payments will provide much-needed support to Canadian seniors struggling with increasing expenses.
Who is Eligible for the $1,700 OAS Payment?
The Old Age Security (OAS) pension is a monthly government benefit for seniors. Payments are adjusted based on the cost of living. Here’s how much seniors can receive in March 2025:
- Seniors aged 65-74: $727.67/month
- Seniors aged 75 and older: $800.44/month
- Guaranteed Income Supplement (GIS): Up to $1,086.88/month, based on income level.
Example Calculation
If John, a 76-year-old senior, qualifies for OAS and GIS, his payments might look like this:
- OAS: $800.44
- GIS: $900 (varies based on income)
- Total Monthly Benefit: $1,700+
This financial assistance helps seniors maintain their quality of life.
Who Qualifies for the $650 Extra Help Payment?
The $650 Extra Help Payment is a one-time GST relief payment meant to help seniors with expenses like groceries and healthcare.
Eligibility Criteria
To qualify, seniors must:
✅ Be Canadian citizens or permanent residents
✅ Have filed their 2024 taxes
✅ Have an income below $150,000 per year
✅ Already receive OAS, GIS, or the GST Credit
📢 No application is required! The CRA will automatically deposit this payment in March 2025 if you qualify.
How to Ensure You Receive Both Payments
1. Check OAS & GIS Eligibility
- Be 65 years or older
- Have lived in Canada for at least 10 years after age 18
- Keep your income below $86,912 to avoid the OAS clawback
2. Apply for OAS & GIS (If Not Already Enrolled)
- Apply online via My Service Canada Account (MSCA)
- You can also submit a paper application
- Apply 6 months before turning 65 to avoid delays
3. File Your 2024 Taxes on Time
- CRA determines eligibility using 2024 tax returns
- Even if you have low or no income, file your taxes to qualify
4. Keep Your Personal Information Updated
- Update your banking details and mailing address on My Service Canada Account
Why These Payments Are Important
- Rising Costs: Food prices have increased 5.4% year-over-year, and housing/utilities continue to rise.
- Financial Relief: Seniors on fixed incomes struggle to afford essentials like groceries and medical care.
- Government Support: These payments reduce poverty risk and help seniors maintain a decent standard of living.
For seniors, this financial boost can mean less stress and more stability.
Pros & Cons of the Double Payments in March 2025
| Pros | Cons |
|---|---|
| Provides immediate financial relief | GIS and OAS are income-tested (higher incomes get reduced benefits) |
| Payments are indexed to inflation | One-time GST Relief Payment may not repeat next year |
| No need to apply for GST Relief | OAS clawback reduces payments if income is high |
| Helps cover essentials like food and utilities | Seniors must file taxes to receive benefits |
Final Thoughts
The $1,700 OAS and $650 Extra Help payments in March 2025 will provide much-needed support to Canadian seniors. By understanding eligibility, filing taxes on time, and ensuring personal details are up-to-date, seniors can maximize their benefits and enjoy financial stability.
FAQ’s
Will I get both the $1,700 OAS and $650 Extra Help Payment?
If you meet the eligibility criteria for both, you can receive up to $2,350 in total payments.
Do I need to apply for the $650 Extra Help Payment?
No application is needed. If eligible, CRA will automatically send the payment.
How do I check if I qualify for OAS and GIS?
Visit Canada.ca or log in to My Service Canada Account (MSCA).
What happens if I forget to file my 2024 taxes?
You may miss out on OAS, GIS, and the $650 Extra Help Payment.