Millions of Canadian households considered low- or modest-income will receive a one-time grocery rebate from the federal government this week.
The Grocery Rebate will be delivered to 11 million eligible Canadians on July 5, by either direct deposit or cheque via the Canada Revenue Agency (CRA) along with the next quarterly GST/HST credit payment.
For couples with two children and $35,000 in net income, it could mean up to an extra $467, and for single Canadians without children, up to an extra $234. Seniors can expect an extra $225 on average.
The benefit is part of Bill C-46, the Cost of Living Relief Act, No. 3, which was part of the federal government’s Budget 2023. The rebate was passed on May 11. The rebate is equivalent to double the GST/HST credit amount a household received in January. The amount is calculated based on a household’s family situation in January 2023 and its 2021 adjusted family net income….