What's the new Canada Groceries and Essentials Benefit? Find out who's eligible for Carney's increased GST rebate

Vowing to put “more money back in Canadians’ pockets,” Prime Minister Mark Carney announced a new GST rebate in Ottawa on Monday. Formerly known as the Goods and Services Tax (GST) credit, here’s what you need to know about the new Canada Groceries and Essentials Benefit.

How much is it?

Starting in July, the government will increase the existing GST credit amount by 25 per cent for five years. Eligible Canadians will also receive a one-time payment equal to a 50 per cent increase in 2026...