Eligible Canadians will receive extra money in their bank accounts this week as Ottawa rolls out its one-time GST top-up before the program changes to a grocery benefit next month.
The Canada Groceries and Essentials Benefit (CGEB) will replace and increase the financial aid offered to families and individuals through the Goods and Services Tax (GST) rebate, Prime Minister Mark Carney announced in January.
The benefit boost begins with a one-time 50 percent top-up on June 5, followed by a 25 percent increase to the standard quarterly GST rebate starting July 3, which will run for five years.
Carney has said the credits will provide additional support to more than 12 million low- and modest-income Canadians, helping offset the burden of sales taxes on household essentials….