Spending program
Old Age Security
Department of Employment and Social Development · Seniors
In fiscal year 2024–25, Department of Employment and Social Development spent $80.8 billion on Old Age Security, up from $76.7 billion in 2023–24. That is $2,695 per tax filer.
Headline figures
Fiscal year 2024–25
$80.8B
99.9% of Seniors spending in 2024–25.
Up $4.1B from $76.7B in 2023–24.
$2,695per tax filer$1,962per person
Per tax filer uses 29,965,100 tax filers (2023, the latest count published); per person uses a population of 41,162,593 (2024). An allocation of cost, not a tax bill.
Show these figures as a table
| Fiscal year | Spending |
|---|---|
| 2018–19 | $53.6B |
| 2019–20 | $56.5B |
| 2020–21 | $61.4B |
| 2021–22 | $62.8B |
| 2022–23 | $70.6B |
| 2023–24 | $76.7B |
| 2024–25 | $80.8B |
Source and basis
- GC InfoBase - Open Datasets, retrieved 2026-11-03. Open Government Licence - Canada.
- Actual spending reported by the department for this program, reconciled to Public Accounts expenditures by vote. Includes operating costs, capital and payments to others.