Banks Want to Keep This a Secret! The GIS Benefit Thousands Are Missing in 2025

What Is GIS and Why Don’t Banks Mention It?

GIS is a non-taxable monthly payment available to low-income seniors already receiving Old Age Security (OAS). It helps cover basics like food, housing, and medication. Yet despite its importance, it’s not something your bank is likely to bring up. Why? Because it empowers you to rely less on financial products or debt—something banks don’t exactly celebrate.

Why Are So Many Seniors Missing Out?

The biggest issue is awareness. Many eligible seniors don’t realize they need to apply, especially newcomers, those with language barriers, or people in rural or Indigenous communities. Others miss out simply because they didn’t file taxes—a crucial requirement for accessing GIS.

What’s New in 2025?

The federal government has begun auto-renewing GIS for more seniors who file taxes, but that doesn’t help those with outdated information or no tax record. A new multilingual outreach initiative is underway, but it’s rolling out slowly—and many who need it most still aren’t being reached.

How Can You Make Sure You or a Loved One Doesn’t Miss Out?

• ✅ Always file taxes on time—even with zero income.
• ✅ Visit the official GIS site to check eligibility criteria.
• ✅ Reach out to Service Canada for help with your application or records.
• ✅ Use free support from local organizations or MP offices—many are ready to assist.

Why It Matters

Missing out on GIS can mean skipping meals or missing medications for many seniors. With inflation and living costs climbing in 2025, every dollar matters. Unfortunately, the system still puts the responsibility on seniors to fight through paperwork—something that deters many from applying.

The Road Ahead

Advocates are calling for full automation of GIS benefits so that no eligible senior is left behind. Until then, it’s up to families, caregivers, and communities to step in—and spread the word about the support banks aren’t talking about.