A lot of the old-age senior citizens in the low-income bracket in Canada are going to witness a rise this month. The new $1,395.73 Guaranteed Income Supplement (GIS) payment will be transmitted on July 29, 2025.
The payment is not taxable and will be directly deposited into your bank account or be sent as a paper cheque in the mail.
The amount might be similar to what OAS beneficiaries get, but it is not. The GIS payment goes to those who are already beneficiaries of OAS and fulfill some other conditions. And for the month of July, this amount is showing a rise in relation to the expensive cost of living.
Key Points
Why Does the Setting of $1,395.73 in the GIS Special Payment for July Occur?
The GIS is a monthly grant that the Canadian government designed to help only those individuals among the elderly that have low or no income other than what they get from their OAS. The quantum of the payment is adjusted according to the income from the previous year, but for this month, eligible individuals can be delivered as much as $1,395.73.
It’s not strictly an obligation now to apply every month. If you are previously included and your income is still upon a very low level, then everything is to be done automatically by the Canada Revenue Agency (CRA) and Service Canada.
Who are Eligible to Obtain the Payment?
To be eligible to get this payment, please ensure that you meet the following conditions by July 2025:
- Be between 60 and 64 years old
- Be the spouse, partner, or survivor of someone who receives OAS
- Be a legal resident or citizen in Canada
- Your total household income for 2024 must not exceed $41,184
- Have lived in Canada for at least 10 years since 18 years old
In case you are of the people who are under these terms and conditions, then you need to mark the corresponding payment on July 29, 2025. If you have selected direct deposit, the money will be available in your account on the same day itself.
Why It’s More than Just Money
This payment is possibly the only defense from the unpredictably soaring costs for seniors, who might be bothered by rising rents, higher grocery expenses, or medical bills. It’s a way of safeguarding their welfare. The payment as an example, is awarded the increment due to inflation, so that the subsidy becomes more than enough to help.
The payment can possibly be increased from say your rent, even if the price of living drops. Thus, the payment remains constant at a new higher level, making you a bit stress-free.
Schedule of Monthly GIS Payments of 2025
Get to know the other GIS payments expected to be received in the coming months.
- August 27
- September 25
- October 29
- November 26
- December 22
It turns out that these payouts all correspond to the OAS (Old Age Security) payments schedule. If you are yet to enroll or if your situation has changed, contacting Service Canada or checking your My Service Canada Account are moments of truth ensuring that all information is correct.
What Is the GIS Allowance?
It’s good to remember about an extra group of individuals known as the GIS Allowance. These are spouses or survivors who are still not up to the age of 65. They are usually the overlooked needy people that this program serves.
Some of the texts made are:
- Rent or housing bills
- Transportation
- Utility payments
- Groceries or medication
A considerable number of the elderly share that this benefit responsible for the change in their lives which they are just surviving, unlike those bearing dignity the complete life.
If you or other family members who qualify have not yet enrolled, you can do the following to apply for OAS and GIS allowances.
Should you be a newcomer to the program or have just recently gained the right to obtain the benefit, there is a need for you to go through the process of application. You can do it in two main ways:
- Connect to a secure site——My Service Canada Account and complete the form
- Go the traditional way—Mail, making sure to enclose a paper application form
Be prepared to show your SIN (Social Insurance Number) and the supporting document of your income. Besides, past tax returns are the base for CRA’s calculation of your amount to be received.
Income Limits and Future Payments
Now, it’s crucial to understand that the Guaranteed Income Supplement (GIS) is subject to income testing regulations. If in the future your income comes up — e.g., you get a pension or you have a part-time job — your payment may be reduced.
However, the payment in July 2025 will not change if that’s the only income. It matches what you had in 2024, hence a majority of people are still eligible for the payments.
There’s an announcement from the Canadian government as well—GIS will keep up with inflation. That is so we come to understand that should there be a rise in the prices, similarly, the support will increase as well.
For the majority of Canadians, who happen to be in the age group of 60 to 64, specifically, singles or couples together, and each of them receiving Old Age Security, a $1,395.73 GIS payment on July 29th, 2025, is still welcome news. Sure, they cannot dismiss other kinds of benefits, yet this gets them the fundamental things they need—what’s more important, today’s economy has made this kind of help a necessity.
Assuming the shoe fits or better still, if someone else in your circle is suitable, why not access the site and verify your validity? It’s so surprising that making such a small move can give you over $1,300 in help in just one month.
FAQs About the $1,395 GIS Payment in July 2025
1. When will the $1,395 GIS payment be sent?
The date in question is July 29, 2025. You will receive the same day deposit if you use direct deposit.
2. Do I need to apply every month to get GIS?
No, the answer is no. As long as you have been enrolled and your income stays within the specified range, you will get a payment for every month that follows. The thing to look out for is your tax return being filed on time and that your banking details are kept up-to-date.
3. What is the income limit to receive the full GIS payment?
For the payment of July 2025, you must be sure that your combined household income for the year 2024 does not exceed $41,184. There is a possibility of your being eligible for a lower amount if your income is only slightly higher.
4. Can I receive GIS if I’m already getting OAS?
Yes, for sure. GIS is for those who take OAS and is designed for seniors who have low income. It is a kind of additional income in case there are still expenses that they have to meet every month, and they don’t have any or they have very little income.
