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hey there fellow Canadians and financial enthusiasts welcome back to our Channel I hope youamp;#39;re all having a fantastic day today weamp;#39;ve got some exciting news to share about the old age security OAS payments coming this week so grab a cup of coffee get comfortable and letamp;#39;s dive into all the details you need to know about the August payments first off letamp;#39;s talk about what OAS is for those who might be new to our Channel or unfamiliar with the program the old age security program is one of the cornerstones of Canadaamp;#39;s retirement income system itamp;#39;s a monthly payment available to seniors aged 65 and older who meet the Canadian legal status and residence requirements unlike the Canada Pension Plan CPP the OAS is funded out of the general tax revenues of the government of Canada this means itamp;#39;s not tied to your employment history now letamp;#39;s get into the big news of the day the August OAS payments are coming this week if youamp;#