Trudeau announces COVID-19-related direct financial support for seniors aged 65 and over | Page 6 | General financial discussion | Discussion forum

The people on GIS will be getting more money than those simply getting OAS. Eligibility for GIS is dependent on income. Therefore updated income information will show if you are still eligible for GIS.

For the OAS supplement, your tax return won't make any difference. It's not taxable and there is no income qualification to get it. However, I heard the Minister(?) say a day or two ago that it is for "low and modest income" people, and I didn't know what was meant by that. GIS is clearly for low income people, but OAS is for everyone even if clawed back. Regular OAS is taxable, but GIS is not, if I remember correctly.

I was surprised to hear that this money is going out in July as I coulda sworn they said earlier that it would come with the June OAS payment.

Jim Sherat said
Chatted briefly with store Mgr. of my RCSS today, and among other things, like short shipping on many SKUs, some cuts of Beef have gone up as much as $11.00kg this week !!!!

My freezer is looking a bit empty these days, so looks like I'll need that $300 asap, to cover the cost of a single decent grade Tenderloin, so steaks can be on the menu at some point this summer.
otherwise, Hamburger Helper and fixins it will be ... I guess. 🙁  

I can buy Wagyu beef dog food for my dog quite cheaply. LOL
https://openfarmpet.com/products/grass-fed-beef-dry-dog-food

How come steaks for humans are getting so costly?

I think the issue is the concentration of beef processing.

Apparently, two large beef processing plants Alberta, for example, do 70% of Canada's beef. So, when they have to cut production or shutdown because of COVID-19, there is a large impact on the beef supply chain to the grocery stores.

There's no shortage of cattle. But, there seems to be a bottleneck right now in the processing of the cattle into the beef products we buy in the grocery stores, like steaks and ground beef.

More details are in articles like CBC: Why some think Canada's beef business needs more smaller players.

Has anybody actually seen any of this money yet? I haven't

Ours also came on July 07.

Yes, it arrived in our bank account early July as promised.

From the gov't site:
"Eligibility
The one-time payment for seniors is available to individuals who are eligible to receive the Old Age Security pension or the Guaranteed Income Supplement in June 2020.
How to apply
You do not have to apply. All individuals who are eligible to receive the Old Age Security pension or the Guaranteed Income Supplement in June 2020 will receive the one-time payment for seniors."

So am I "eligible" for June 2020 OAS if I'm 65 by then, whether I've applied for OAS or not, or whether I'm actually getting it or not? Or do I have to actually be getting OAS for June 2020 to get this money?

Globe and Mail June 5 Report on Business had a headline "For thousands of seniors, deferring pension means being denied emergency aid", but I can't read the article as I'm not a subscriber.

In any event there doesn't seem to be an application process for it, they seem to know who they consider to be "eligible" and who's getting the payment, which suggests to me it was sent to people actually already receiving OAS.

Dean said

Loonie said

Great idea, Dean! There is money being given out now in "broad strokes" as many have urgent need and it would take forever to sort out a more targeted system, especially with employees in isolation.
So it makes sense to pass it on if you don't need it. If nothing else comes to mind, your local food bank would appreciate it, and they do serve a lot of seniors.

. . .

Thanks for the idea, Loonie ❗

Donating 'directly' to our local Food Bank (via cheque) will help our local low-income seniors ... and other's too.

And to the *&^%$# 'Scrooges' that Lurk here on these forms . . .

Think Again ❗

  

As an update . . .

My wife and I just donated our 'Seniors Justin Moolah' ($300 + $300 = $600) to our local Food Bank.

We hope it helps those in our area (low-income seniors & others) who are in need.

Thanks again to Loonie for the suggestion ❗

Cheerio,

Dean

Londonguy said
Hmm.... I've been doing a bit more checking, and my problem could be related to not yet being formally registered with Service Canada because I'm on OAS deferral.

I consequently tried to register online with Service Canada as a first step to get things fixed, but I didn't get very far because their online registration system requires that you first be sent an access code in the mail (similar to how setting up CRA MyAccount works). That would have been fine, except their system wouldn't let me even request, much less issue that online access code.  

If you have CRA MyAccount, you should be able to get to Service Canada through it. Login to MyAccount and check bottom right of the main page:

Alternatively, another approach. As it happened, I requested online access codes for myself at different times. They sent me same code every time. If you used access code for MyAccount and you still have it, you can try it with Service Canada. It might work.