For Seniors (Federal): OAS Boost
  • What: An increase to the Old Age Security (OAS) pension, potentially up to $100 more per month ($1200 annually) for eligible seniors. 
  • Why: To combat inflation and rising living costs for seniors on fixed incomes, according to news reports in early 2026. 
  • When: Payments are anticipated in early 2026 to help with post-holiday expenses. 

For Families & Individuals (Federal): Groceries & Essentials Benefit 

  • What: 
    A new, enhanced benefit (subject to Royal Assent) providing quarterly payments to help with daily expenses, in addition to existing benefits like the Canada Child Benefit.
  • How Much: 
    A one-time top-up in Spring 2026, followed by enriched payments starting July 2026, with amounts varying by income and family size (e.g., seniors and families receive significant relief).

For BC Residents: Education Savings 

  • What: 
    A B.C. Training and Education Savings Grant (BCTESG), providing a $1,200 grant to help families save for post-secondary education or training through a Registered Education Savings Plan (RESP).
  • Who Qualifies: 
    B.C. resident children aged 6 to 8 with a SIN, whose parents set up an RESP.