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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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Russia's Missile Barrage Forces Power Grid Shutdown in Ukraine

 


In a significant escalation of hostilities, Russia launched a major ballistic and cruise missile attack on regions across Ukraine on Wednesday. The assault targeted critical energy infrastructure, compelling Ukrainian authorities to shut down the power grid in several areas despite the freezing winter weather.

The Russian Defense Ministry claimed responsibility for the strike, stating that it aimed at "critically important facilities of gas and energy infrastructure that ensure the functioning of Ukraine’s military industrial complex". The barrage included 43 missiles and 74 drones, with Ukrainian air defenses managing to shoot down 30 missiles and 47 drones.

The attack spanned from the Lviv region in western Ukraine to Kharkiv in the northeast, causing emergency power outages in six regions. Ukrainian Energy Minister Herman Halushchenko condemned the attack, describing it as an ongoing effort by Russia to terrorize Ukrainians and disrupt the nation's energy grid.

Ukrainian President Volodymyr Zelenskyy urged Western partners to accelerate the delivery of promised air defense weapons, emphasizing the need to protect Ukraine's energy infrastructure during the harsh winter months. The attack has further strained Ukraine's already eroded power generation capacity, with efforts to rebuild ongoing despite the relentless assaults.

The nearly three-year war has seen long-range attacks become a feature of the conflict, with both sides engaged in a war of attrition along a front line stretching about 1,000 kilometers from northeast to southern Ukraine. As the conflict continues, the resilience of the Ukrainian people and the support of international allies remain crucial in the face of ongoing aggression.



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