🚨 Important Banking Notice for Canadian Seniors (2026)
If you depend on CPP, OAS, or GIS to cover essentials like rent, groceries, or medications, this video is for you. Many Canadian seniors are experiencing pension payment disruptions due to unexpected banking changes — and in most cases, they only discover the issue after a payment doesn’t arrive.
In this video, I clearly explain what’s happening, which seniors face the greatest risk, and the practical steps you should take now to help ensure your retirement income continues without interruption in 2026.
🇨🇦 What This Video Covers:
✅ Why some CPP and OAS payments are being delayed or returned
✅ How bank branch closures and account updates can affect payments
✅ A common oversight that causes pension deposits to fail
✅ Real examples from Canadian seniors impacted by banking issues
✅ How to review and update your banking details with Service Canada
✅ Why GIS recipients need to be extra careful heading into 2026
✅ What to do if a CPP, OAS, or GIS payment doesn’t arrive
✅ How to move safely from cheque payments to direct deposit
⚠️ Important Reminder:
Service Canada does not receive automatic updates from your bank. If your account number changes or your account is closed and you don’t update your information, payments can be delayed. Reviewing your My Service Canada Account is an important step.
