Trudeau is Canada’s 23rd prime minister, assisting the federal government. The liberal government established the Old Age Security pension in 2021, providing financial help to elderly Canadians. As prime minister, Trudeau has the legal authority to authorize the Canada Revenue Agency to increase the OAS Amount. Continue reading to learn more about how Trudeau directed the CRA to increase the OAS amount.
What is OAS?
OAS is the Old Age Security program that provides financial support to Canadian elders. The OAS is a pension program that provides taxable monthly benefits to Canadians over 65 who meet the government eligibility requirements. This program’s benefits are awarded through the CRA, and payments are made with tax proceeds. The OAS payment amount is supplied monthly as federal support to help older people with their monthly expenses. Old Age Security benefits are available to people who have lived in Canada for more than ten years after reaching 18.
Did Trudeau direct CRA to boost the OAS amount?
Justine Trudeau, Canada’s 23rd prime minister, has led the Liberal Party since 2013. As prime minister, Trudeau is responsible for creating and expanding Canada Revenue Agency services. Trudeau directed and assisted the CRA in increasing the OAS amount. The OAS is a federal benefit that provides monthly support to low-income, elderly Canadians as a retirement pension to help them meet their monthly expenses. Trudeau and his government oversaw and controlled increasing inflation with the assistance of the Canada Revenue Agency. Every year, the Canadian government increases the Old Age Security benefit amount in response to increased living costs and inflation.
Is it Coming?
No, Trudeau’s Directed CRA is not accurate. Bob Hamilton directs and manages the Canada Revenue Agency. Hamilton is the current commissioner and chief executive officer of the CRA, making all future decisions about OAS and other benefits through the CRA. Bob oversees the agency’s day-to-day operations and advises the minister of the Canada Revenue Agency. The current commissioner, Bob Hamilton, was appointed to this role in 2016 and has continued providing services since then.
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