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OAS Just Got Its Biggest Raise of 2026: What 1.4% Actually Pays

  Canadian Money Brief • Published October 2, 2026 Old Age Security is going up 1.4% for the October-to-December quarter, the biggest of the four quarterly adjustments in 2026. For a senior on the maximum pension, that works out to $10.53 more a month . Whether that feels like a raise or just a catch-up depends on a number most headlines skip: how much prices have risen over the past year. +$10.53 a month Maximum OAS for ages 65 to 74 goes from $751.97 to $762.50. That is about $126 more over a year, and it starts with the Oct. 28 deposit. What actually changes on October 28 The new rate applies to the Oct. 28 payment and the two after it (Nov. 26 and Dec. 22). Nothing needs to be filed. It applies to OAS, the Guaranteed Income Supplement (GIS) and the Allowances automatically. Maximum monthly amount Jul–Sep 2026 Oct–Dec 2026 Change OAS, ages 65 to 74 $751.97 $762.50 +$10.53 OAS, age 75 and over $827.17 $838.75 +$11.58 GIS, single senior (approx.) $1,123.17 about $1,138.89 about +$...
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Humanitarian Crisis Deepens in Gaza Amid Escalating Conflict

In a tragic escalation of violence, an Israeli airstrike in Gaza has claimed the lives of at least 23 people, including a family of 10. The victims, five children, four women, and a man, were killed in Khan Younis, a southern city in Gaza. The United Nations has raised alarms over the worsening humanitarian crisis, as a six-week blockade has left over two million residents struggling to access basic necessities like food and water.

The blockade has severely disrupted food supplies, forcing most of Gaza's population to rely on charity kitchens for their daily meals. The World Food Program reports that 80% of the population depends on humanitarian aid, with many now surviving on just one meal a day. Water scarcity has also reached critical levels, with residents queuing for hours to collect minimal amounts from trucks.

Israeli officials have stated that the blockade and airstrikes are part of their strategy to pressure Hamas, which they accuse of operating within residential areas and misusing aid. However, the impact on civilians has drawn widespread concern from international organizations, highlighting the urgent need for a resolution to the conflict.

The situation in Gaza underscores the devastating human cost of prolonged hostilities, with families and communities bearing the brunt of the violence and deprivation.

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