“It is a critical income supplement that the most financially vulnerable seniors rely upon to help cover basic living expenses. Losing this income could mean the difference between eating and not eating or getting necessary medications.”
Thousands of seniors in Canada are at risk of losing benefits because they haven’t yet filed their taxes.
Recently, the federal government issued a public plea, asking them to submit their tax returns as soon as possible, that way payments of the Guaranteed Income Supplement are not suspended come Jan. 1, 2021.
Due to the pandemic, Ottawa extended the tax deadline to this month continuing benefits for 214,000 GIS recipients.
The government estimates that 63,000 seniors could see an interruption in benefit payments if they don’t file tax returns quickly.
Last year, nearly 73,000 people experienced a gap in their payments due to late returns.