Your OAS Changes on July 29 — Most Seniors Will Be Surprised

Everything covered in this video is sourced directly from the Old Age Security Act, the Canada Pension Plan Act, Canada.ca, Statistics Canada Consumer Price Index data, and Service Canada official program information. If you receive both OAS and GIS and have never had the quarterly adjustment mechanism clearly explained to you, watch this video before July 29th so you are not one of the millions of Canadian seniors who will be surprised and confused when their payment looks different that day. Share this with every Canadian senior you know who receives OAS because Service Canada will not send them a personal explanation of why their amount changed on July 29th.

My Service Canada Account: canada.ca/en/employment-social-development
CRA My Account: canada.ca/en/revenue-agency
Service Canada Phone: 1-800-277-9914
CRA Phone: 1-800-387-1193
Free Tax Help CVITP: 1-800-959-8281
Old Age Security Info: canada.ca/en/services/benefits/publicpensions Report Scams

WARNING: Scammers are calling Canadian seniors around OAS payment dates claiming to be from Service Canada and saying that the July 29th adjustment requires your personal banking information to be processed. Service Canada will never call you asking for banking information to process a quarterly adjustment. If you receive a call like this hang up immediately and report it to the Canadian Anti-Fraud Centre at 1-888-495-8501.
TIMESTAMPS:
0:00 — Shirley's Story — The July 29th Payment That Confused A Retired Bank Teller
1:30 — What Is Actually Happening To Your OAS On July 29th 2026
3:00 — How The Quarterly CPI Indexing Adjustment Works In Plain English
5:30 — Why Your OAS Goes Up And Your GIS Goes Down On The Same Day 7:30 — The Net Monthly Income Change After Both Adjustments Are Applied 9:30 — The Income Threshold Risk For Seniors Close To The GIS Eligibility Limit 11:00 — The Hidden Connection Between July 29th OAS And Your 2026 CRA Tax Return
12:30 — Three Action Steps To Take Before July 29th 13:30 — Scam Warning And Closing

#CanadianSeniors, #OASJuly29, #OASUpdate2026, #OASChanges, #CPP, #OAS, #GIS, #CanadaPension,

Видео Your OAS Changes on July 29 — Most Seniors Will Be Surprised канала Linda's Canada Pension Guide