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OAS Just Got Its Biggest Raise of 2026: What 1.4% Actually Pays

  Canadian Money Brief • Published October 2, 2026 Old Age Security is going up 1.4% for the October-to-December quarter, the biggest of the four quarterly adjustments in 2026. For a senior on the maximum pension, that works out to $10.53 more a month . Whether that feels like a raise or just a catch-up depends on a number most headlines skip: how much prices have risen over the past year. +$10.53 a month Maximum OAS for ages 65 to 74 goes from $751.97 to $762.50. That is about $126 more over a year, and it starts with the Oct. 28 deposit. What actually changes on October 28 The new rate applies to the Oct. 28 payment and the two after it (Nov. 26 and Dec. 22). Nothing needs to be filed. It applies to OAS, the Guaranteed Income Supplement (GIS) and the Allowances automatically. Maximum monthly amount Jul–Sep 2026 Oct–Dec 2026 Change OAS, ages 65 to 74 $751.97 $762.50 +$10.53 OAS, age 75 and over $827.17 $838.75 +$11.58 GIS, single senior (approx.) $1,123.17 about $1,138.89 about +$...
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Israel Strikes Hezbollah Targets in Eastern Lebanon After Drone Incident



Israel has escalated its military response in eastern Lebanon following an incident where Hezbollah shot down an Israeli drone. Tensions between the two sides have been mounting, and this recent exchange of fire adds to the regional instability.

On Sunday, April 7, 2024, Hezbollah, an Iran-backed armed group, downed an Israeli unmanned aerial vehicle (UAV) over Lebanese airspace. The drone in question was identified as the Israeli-made Hermes 900. In retaliation, Israel launched air strikes on Hezbollah infrastructure sites in eastern Lebanon.

The Israeli Defense Forces (IDF) reported that fighter jets targeted a military complex and three other infrastructure sites belonging to Hezbollah in the city of Baalbek. These strikes were a direct response to the UAV incident. Fortunately, there were no reported casualties from the attacks.

Hezbollah and Israel have been engaged in cross-border skirmishes since October 8, 2023. The conflict intensified after Hamas, a Palestinian group, launched an attack on Israel, leading to a war in Gaza. As a result, both sides have continued to trade fire, resulting in casualties and displacement of civilians.

While the U.S. and other countries advocate for a diplomatic resolution, the situation remains volatile. Hezbollah has stated that it will not cease fire until a ceasefire is implemented in Gaza. As the conflict persists, the international community closely monitors developments in the region.

In summary, the recent strikes in eastern Lebanon underscore the ongoing tensions between Israel and Hezbollah. As both sides remain entrenched, efforts to find a peaceful resolution continue amidst the backdrop of regional instability.


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