CRA issuing one-time grocery rebate payments July 5
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The Canada Revenue Agency will be issuing the long-promised 'grocery rebate' payments to eligible Canadians on July 5. The food-inflation focused affordability measure is set to roll out to approximately 11 million low- and modest-income Canadians. Here's how much money those eligible can expect to receive.
The Canada Revenue Agency (CRA) will be issuing the long-promised "grocery rebate" payments to eligible Canadians on July 5.
Months after Parliament passed the one-time benefit first unveiled as part of the 2023 federal budget, the payments will be hitting Canadians' bank accounts on Wednesday.
The food-inflation focused affordability measure is set to roll out to approximately 11 million low- and modest-income Canadians.
Essentially a re-branded GST rebate boost, the payment will be issued through Canada's GST/HST tax credit system, alongside the regular quarterly GST/HST payments.
Individuals and families that were entitled to receive a GST/HST credit payment for January 2023, and have filed their latest tax returns, should expect to receive this rebate.
The grocery rebate will be equivalent to double the GST/HST credit amount received in January.
The amount those eligible can expect to see, is calculated based on each family's situation and adjusted family net income.
