Canadians are getting increased CPP, OAS payment next week | National

Eligible Canadians can expect to receive an increased Canada Pension Plan (CPP) and Old Age Security (OAS) payment next week. The CPP, a monthly taxable benefit for retirees, has seen its maximum monthly payment for those aged 65 rise from $1,433 to $1,507.65 starting January 2026. Similarly, the OAS payment has increased, with the maximum monthly amount for those aged 65 to 74 rising to $742.31 and for those 75 and older to $816.54, both effective in 2026.