Recent buzz has spread about a $1,976 direct deposit promised to low-income recipients of the Canada Pension Plan (CPP) and Old Age Security (OAS) in January 2025. However, no official confirmation supports this claim, leading many to question its authenticity. Here’s a breakdown of the facts, payment schedules, and tips to stay informed.
CPP and OAS: What They Are
CPP and OAS are essential programs designed to support Canadian seniors financially. In 2025:
- CPP: The maximum monthly payment for those aged 65 is $1,433.
- OAS: Payments vary:
- Ages 65–74 can receive up to $727.67 monthly.
- Ages 75 and older may receive up to $800.44 monthly.
These benefits depend on factors like your age, income, and how long you’ve lived in Canada.
January 2025 Payment Schedule
Mark your calendars! CPP and OAS payments for January 2025 are scheduled for January 29.
- If you’re set up for direct deposit, funds will hit your account that day.
- If you receive payments by cheque, expect some delay due to mail processing.
Typically, payments are issued on the third-to-last business day of the month, ensuring a reliable schedule for beneficiaries.

Fact-Checking the $1,976 Claim
Despite online claims, there is no evidence or announcement from Service Canada or the Canada Revenue Agency (CRA) about a special $1,976 payment for January 2025. Be cautious about such rumors, as misinformation can lead to unnecessary confusion or stress.
How to Stay Updated
To avoid falling for fake news or scams about government benefits:
- Always check the official Government of Canada website for updates.
- Contact Service Canada directly if you have questions about your benefits.
- Be skeptical of unofficial sources or viral posts that promise financial windfalls without proof.
Staying informed through trusted channels ensures you’re up to date with accurate information.