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Eligible seniors can receive additional $500 from federal government as support during COVID-19 pandemic

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Business in Vancouver (BIV)

The federal government is promising additional support for seniors amid the COVID-19 pandemic. On May 21, they pledged to give a one-time, tax-free payment of $300 to eligible seniors through the Old Age Security (OAS) pension. Those eligible for the Guaranteed Income Supplement will receive $200 on top of the OAS payment, for a total of $500.

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