For the year 2024, the Government of Canada increases the monthly amount of $1717 for the Guaranteed Income Supplement. This new monthly boost of $1717 aims to provide Financial assistance or support to low-income or fixed income seniors to meet the rising living cost. Here we will explain the eligibility criteria and payment date for the GIS $1717 Monthly Increased Approved June 2024. The candidate or applicant should also visit the official webpage www.canada.ca for the eligibility criteria and for the $1717 GIS Payment Date 2024.
GIS $1717 Monthly Increased Approved June 2024
Guaranteed Income supplement is given to the Canadian seniors. These benefits are received by those who get the OAS old age security pension. The payment amount which is received by the eligible citizens is dependent on the income given in the form of Old age Security pension. The Guaranteed Income supplement fundamental aim is to give financial assistance to the citizens who are in need. There is news regarding the increase of $1717 for the Guaranteed income supplement. The Canadian citizens will now get a GIS $1717 Monthly Increased Approved June 2024. The payment is sent to the eligible citizens monthly in their bank account. To check the $1717 GIS Payment Date 2024 the viewer can see this article or they can check the official webpage www.canada.ca .
| Title | GIS $1717 Monthly Increased Approved June 2024 |
| Year | 2024 |
| Country | Canada |
| Agency | CRA Canada Revenue Agency |
| Type of the benefit | GIS Guaranteed Income Supplement |
| Monthly Boost amount | $1717 |
| Purpose | Financial Assistance |
| Qualified Age | 65 years or more |
| OAS pension | Required OAS to get GIS |
| Category | Financial Aid |
| Official Webpage | www.canada.ca |
$1717 GIS Monthly Increased Eligibility 2024
Let’s see you qualify the $1717 GIS Monthly Increased Eligibility 2024. The candidate should also receive the Old Age security pension to receive Guaranteed Income Supplement.
- The candidate or applicant should be a Canadian citizen.
- The age of candidate or applicant should be 65 years or more.
- The candidate should reside or live in Canada for the GIS benefit.
- The candidate or applicant who is single, divorced or widow, their income should be below the amount of $21,624.
- The sum income of the candidate or applicant and its spouse or common law partner should be below the amount $28560 if they receive or get the full Old age security pension.
- The sum income of the candidate or applicant and its spouse or common law partner should be below the amount $51840 if they do not receive or get the Old age security pension.
- The sum income of the candidate or applicant and its spouse or common law partner should be below the amount $39984 if they receive or get the allowance.
- If the applicant or candidate is sponsored immigrant and has not lived in Canada for 10 years then they can only get the GIS if the sponsor dies or in prison for more than 6 months or facing personal bankruptcy.
- If the applicant or candidate is not a sponsored immigrant then he/she may be eligible to get GIS if they receive the old age security pension.
$1717 GIS Payment Date 2024
There is no official communication or update regarding the payment date by the authorities. The candidate should visit at www.canada.ca for the official payment date for an increased amount of $1717. The guaranteed income supplement is reviewed by the authorities in the months of January, April, July and October. This is reviewed to check the Cost of living impact. There is no effect on the payment amount when cost of living reduces.
| Month of Payment | $1717 GIS Payment Date 2024 |
| JUNE | 26th |
| JULY | 29th |
| AUGUST | 28th |
| SEPTEMBER | 25th |
| OCTOBER | 29th |
| NOVEMBER | 27th |
| DECEMBER | 20th |
Facts Check- GIS $1717 Monthly Increased June 2024
Guaranteed Income supplement is given to the Canadian seniors. The fundamental aim for GIS is to provide financial assistance to the citizens who are in need. There is news regarding the increase of $1717 for the Guaranteed income supplement. The payment is sent to the citizens monthly in their bank account who meets the $1717 GIS Monthly Increased Eligibility 2024. There is no official communication or update regarding the increase and payment date by the authorities. The candidate should visit the official webpage www.canada.ca for the official increase and payment date for an increased amount of $1717.
FAQ On GIS $1717 Monthly Increased Approved June 2024
If the candidate or applicant is in imprisonment for more than 6 consecutive months and the candidate or applicant does not file the tax return by 30th April.
There is no official communication made regarding the increase. The eligible candidate or applicant must visit the official webpage www.canada.ca .
The payment amount for the Guaranteed income supplement can be received in the bank account or by the cheque.
Giorgio Smith, a Texan native, is a seasoned senior editor at tnpscexams.net. He has done Master of Business Administration in Finance. he boasts over 9 years of experience in finance. Giorgio expertise is in finance, insurance, and money-related content.