With food inflation eating into the wallets of Canadians, the federal government has announced that so-called grocery rebate payments will go out on July 5.
The announcement came following the passage of Bill C-46, the Cost of Living Act, by the Senate on May 11. The Liberal government claims the rebate will deliver “targetted” inflation relief to millions of low and middle-income Canadians that have been hit the hardest by rising good prices.
Here’s what you need to know about the upcoming payments.
Who is Eligible?
Two months ago, when speaking about the upcoming budget, Finance Minister Chrystia Freeland warned that the government could not “fully compensate every single Canadian for all of the effects of inflation,” as this would make the problem worse. However, the minister said the government would provide “targeted inflation relief” for some Canadians….