Eligible Canadians can anticipate a number of government benefit payments hitting their bank accounts throughout the rest of the week.
Below is a list of the benefits rolling out over the coming days.
Canadian Pension Plan
The Canadian Pension Plan (CPP) is a monthly, taxable benefit that replaces part of eligible Canadians’ income when they retire and is paid for the rest of their lives.
Eligible Canadians can expect their latest payment to hit their bank accounts on May 27.
The payable balance Canadians can receive depends on when you decided to start your pension, the amount you contributed, how much you earned throughout your working life, and how long you contributed to the CPP.
According to the government website, as of January, the maximum payable balance for those aged 65 is $1,507.65 a month.
For new beneficiaries (April to June 2026) at the same age, the average payable balance is $925.35 a month.
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Following the May 27 payment, those eligible can expect summer payments on June 26, July 29 and Aug. 27.
Old age security
Canadians aged 65 and older are eligible to receive old age security (OAS) payments regardless of work history, as long as they meet several residency and legal status requirements, whether they are living in or outside Canada.
Eligible Canadians will see their payment in their bank accounts on May 27.
Those between the ages of 65 and 74 can receive up to $743.05 per month if their annual net income in 2024 was less than $148,451.
Canadians aged 75 and older can receive a maximum of $817.36 if their annual net world income in 2024 was less than $154,196.
Summer payments are also planned to be paid on June 26, July 29 and Aug. 27.
Veteran Disability Pension
The following Canadians can qualify for the Veteran Disability Pension:
- A member or veteran of the Canadian Armed Forces.
- A current member or former member of the Royal Canadian Mounted Police (RCMP).
- A Second World War or Korean War veteran (includes Merchant Navy).
- An eligible civilian who served in the Second World War.
According to the federal government’s website, eligible Canadians should apply for a disability benefit if they have a diagnosed medical condition or disability and are able to show that the condition is related to their service.
The total is expected to be paid on May 28.
Additional summer payments are expected to go out on June 29, July 30 and Aug. 28.
it amounts less than $2 a month. i will try and not spend it all at once. Its a slap in the face and insulting. Not even worthy of a headline/story
This news network is complete garbage, like this country.
F*!ck this country. An extra $74 while Loblow’s and other grociers charge us extortion rates for food, and our employers continue to pay us poverty wages. Eat the Red and Rich
This is nothing new. These payments have been happening already. I see no “news” article here. I was truly expecting something new.
To the people who are Conservative:
The years of conservative leadership and destruction of services made social programs like this pathetic. We would have a national wealth in the trillions if it were not for Conservative policies. Hell half of you voting conservative can barely spell, so I don’t expect you to do any research on how you vote, just keep getting your news from Bob on Facebook.
That’s pretty pathetic amount of money. Feel really sorry for people being born today, they’re gonna be in for it.
more sound
i have seen no extra money on my OAS CPP just the normal pensions what is supposed to be extra money or did i miss something by the way May 01 2026 my OAS pension raise was $1.76
Tell you, it’s a slap in the face.
dont forget the old ragheads you see wandering the streets are getting way more than anyone who has actually paid into the plan for 40 years
This article is embarrassing to both the ‘journalist’ and to Global. The payments mentioned are a monthly occurrence for many Canadians and your facts are not correct. For instance, I’m 70 and receive $908 monthly with an income far below $148K. You claim “Those between the ages of 65 and 74 can receive up to $743.05 per month … if their income was less than $148,451”. Better do some correcting please.
The sun is coming up tomorrow, too.
Has your assignment editor resigned?
Reporting that regular monthly social security payments are coming is not a news story.
With all that’s going on in Canada and the world, surely Global News can report on some real news.
Eligible Canadians? I though they went extinct.
This is not News!! It has been happening for years and years!! Quit trying to make the Liberals lok good!!
Another bunch of useless that does nothing but show how bad seniors are getting ripped off! $925/month after 50 f8ckin years in the work force is a rude slap in the b*lls for most folks. Even the upper end at 1500 a month is bloody ludicrous when you figure the thousands these azzholes get EVERY MONTH of their golden pensions. AND they can retire whenever the hell they want with no penalties no clawbacks! What an absolute farce Canada ha become!
BOYCOTT GLOBAL NEWS AND 604 NOW (FACEBOOK)
BOYCOTT GLOBAL NEWS!
Just smoke and mirrors to fool the gullible Liberal elbozos into thinking that Carney is giving us something different than what we get every month. Global you should be ashamed to be part of the gaslighting of Canadians by Carney.
What a non story. These benefits come out every month nothing new about that. The pensions are not really a benefit Canadians had been paying into these plans their whole working lives they are only getting back a portion of what they have paid into the plans in the first place.
How does parroting the same information already available on multiple government websites count as “news”? Why wase peoples’ time re-publishing the obvious?
I have been collecting CPP and OAS for sixteen years now and I needto be told when it’s available. I have a list of payments from Canada.ca showing payment dates.
Dee, I noticed the papers all started announcing “benefits” about a year ago. Its to make the liberals sound so generous when in fact, anyone with a brain knows these benefits have been around for ever.
Payments of pensions are now newsworthy, WOW
Talk about a lazy way to fill the news page
Should seniors who bring in $145k a year be paid the same OAS as someone bringing in $35k/yr at $750/month? I think its time to end OAS for those making well over $100k/yr and ensure those living and struggling on much lower incomes should have higher payments. This kind of a “benefit” seems really unfair.
Slow news day?
nothing new with this news
These are the benefits (which are nothing new) that are always paid at end of each month, when you’re eligible to receive . Why is this news? I only read it because the headline of the article made it sound like brand new benefits never received, were being sent out,
@Moshammodad McDisgustSINGH ,enough to make you throw up but then again the liberals might find a way to tax that.
This liberal party just keeps trying to buy votes.
CPP is the government giving back to you, the amount withheld from your paycheck throughout your working years. – it is your money.
OAS is the old age supplement, paid because CPP is simply not enough to live on. It is paid to everyone who has lived in Canada for 10 years, or if not in Canada, has lived here for 20 years. – So refugees, on welfare for 10 years qualify…
Any mention of the GST rebate next week? That is the one payment that changed…
I think you forgot the Alyssum refugee benefit plan. No matter who you are or what crimes you commit, if you claim to be a refugee you will get government provided housing, food, travel, medical, and education funding!
Don’t worry though! You don’t have to actually be a refugee, Canada doesn’t do any verifications and the judges have no spines so they will never look into it!
Isn’t it great being able to leech of the taxpayers for free! Like a 3rd world parasite!