In Canada, various residents rely on government pension programs like the CPP and Old Age Security to support their retirement. These monthly payments help to cover basic living expenses, medical needs. As the cost of living continues to fluctuate, many seniors eagerly wait for updates on the New CPP / OAS Update July 2025. The Canadian Government reviews these payments regularly and adjusts them as per the inflation. In July 2025, a new OAS increase was introduced which provides a small financial relief to eligible seniors. But the Canada pension plan payments remain unchanged as changes were already implemented earlier in January 2025.
New CPP / OAS Update July 2025
The OAS and Canada Pension Plan are two essential programs for retirement income in Canada. CPP is fully based on the contributions during the working years and OAS is a government provided monthly payment available to most seniors over the age of 65. Each quarter, the government adjusts OAS benefits to reflect inflation. For July 2025, only OAS has been adjusted. This means seniors receiving Old Age Security will see a 1% increase in their payments starting this month. But the CPP remains unchanged in July 2025. Let’s check the New CPP / OAS Update July 2025.
Canada.ca New CPP/OAS Update July 2025 – Highlights
| Post Title | New CPP / OAS Update July 2025 |
| Year | 2025 |
| Month | July |
| Country Name | Canada |
| Issuing Authority | CRA / Service Canada |
| Benefit Name | Canada Pension Plan / Old Age Security |
| Eligibility | CPP OAS Beneficiaries in Canada |
| Purpose | Financial Support |
| New Update | Boost in OAS Benefit and no change in CPP Benefit |
| New Amount | CPP Benefit: $1433 (No Change) / OAS Benefit: $734.95 and $808.45 |
| Payment Frequency | Monthly |
| Inflation Adjustment | Quarterly in Jan, April, July, Oct |
| Post Category | Finance |
| Official Web Portal | www.canada.ca |
CRA Canada Pension Plan – Old Age Security Changes 2025
OAS Increase – 1% Boost
As part of the government’s ongoing commitment to protect retirees from inflation, Old Age Security payments have been increased by 1% effective July 2025. This is a result of the quarterly review of the CPI which showed a slight increase in the cost of living during the last three months.
CPP – No Change in July 2025
CPP payments are not increasing this July. This is because adjustments to the CPP program already took effect in January 2025. Let’s look what changes from 2024 to 2025:
| Particulars | 2024 | 2025 |
| Max Annual Pensionable Earnings | $68,500 | $71,300 |
| Basic Exemption Amount | $3,500 | $3,500 |
| Max Contributory Earnings | $65,000 | $67,800 |
| Max Contribution of Employee & Employer (Annually) | $3,867.50 | $4,034.10 |
| Max Self Employer Contribution (Annually) | $7,735.00 | $8,068.20 |
| Contribution Rate for Employee & Employer | 5.95% | 5.95% |
| CPP2 Max Yearly Pensionable Earnings | $73,200 | $81,200 |
| CPP2 Max Contribution of Employee & Employer (Annually) | $188 | $396 |
| CPP2 Contribution Rate for Employee & Employer | 4% | 4% |
| CPP2 Max Self Employed Contribution (Annually) | $376 | $792 |
New CPP + OAS Amounts July 2025
| Program Name | June 2025 | New CPP + OAS Amounts July 2025 |
| OAS (Age 65 – 74 Years) | $727.67 | $734.95 |
| OAS (Age 75 or older) | $800.44 | $808.45 |
| Canada Pension Plan | $1433 | $1433 (No Change) |
OAS Delayed Benefit Amounts From July 2025:
| Age | Amount (July – September 2025) |
| 65 Years | $734.95 |
| 66 Years | $787.87 |
| 67 Years | $840.78 |
| 68 Years | $893.70 |
| 69 Years | $946.62 |
| 70 Years | $999.53 |
Fact Check: New CPP OAS July 2025
There has been a lot of misinformation circulating online about the CPP and OAS payments for July 2025. But as per the official updates from the Canadian Government and CRA, there is no raise in CPP payments for July 2025 as it was already adjusted in January 2025. On the other hand, Old Age Security payments have increased by 1% in July 2025 which reflects the quarterly adjustment based on the CPI. This is the only confirmed change to retirement benefits this month. Seniors should remain cautious and avoid falling for viral rumors. Canadians must always check info through trusted sources such as the official CRA web portal or Service Canada web page.
FAQ Related To New CPP / OAS Update July 2025
Why did OAS increase in July 2025?
OAS is adjusted each quarter based on the CPI. In July 2025, it was raised by 1% to keep up with inflation.
Will CPP also raise in July 2025?
No, CPP would not be raised in July 2025 as it has already been adjusted in Jan 2025.
Do Canadians need to apply again to get the new OAS rate?
No, this OAS increase is automatic and would be added to current OAS rates.Â
Where can Canadians check the new OAS amounts for July 2025?
Canadians can check the new OAS Amounts for July 2025 via canada.ca web portal.Â
