A one-time top-up will be distributed to millions of eligible Canadians in June, marking the launch of Ottawa’s new grocery benefit that will take the place of GST payments for the next five years.
Prime Minister Mark Carney announced in January that the Canada Groceries and Essentials Benefit (CGEB) would increase the financial support provided to families and individuals through the Goods and Services Tax (GST) rebate.
The benefit boost will begin with a one-time 50 percent top-up on June 5, followed by a 25 percent increase to the standard quarterly GST rebate in July under the new grocery benefit, the Canada Revenue Agency (CRA) said in a post on its website. The grocery benefit will replace GST credits through the summer of 2031….