Update:
Prime Minister Justin Trudeau says that Canadian seniors who are eligible for the Old Age Security (OAS) pension and the Guaranteed Income Supplement (GIS) will receive a one-time, tax-free payment during the week of July 6.
Seniors who qualify for the OAS pension will receive a payment of $300, while GIS recipients will get an additional $200. Allowance recipients will also receive $500.
Seniors do not need to apply for the one-time payment.
There are currently 6.7 million seniors who are eligible for the OAS pension and 2.2 million who are eligible for the GIS.
Original story:
Prime Minister Justin trudeau is slated to update Canadians on the COVID-19 situation at 11:15 a.m. today in Ottawa.
Village Media will carry the livestream, so stay tuned.
