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CRA issuing one-time grocery rebate payments July 5 | CTV News (www.ctvnews.ca)

submitted 1 year ago by [email protected] to c/[email protected]

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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.

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[–] [email protected] 1 points 1 year ago

The food-inflation focused affordability measure is set to roll out to approximately 11 million low- and modest-income Canadians.

For example, if you are single you could receive a maximum payment of:

$234 if you have no children

$387 if you have one child

$467 if you have two children

$548 if you have three children

$628 if you have four children

And, if you are married or have a common-law partner, you could receive up to:

$306 if you have no children

$387 if you have one child

$467 if you have two children

$548 if you have three children

$628 if you have four children

As the article states, this is really just an extra GST/HST rebate. Ironically, most groceries are exempt from GST and HST, so getting a rebate based on that is a little contradictory. That all said, I suppose my worries are that it has the potential to slightly increase inflation—though some modest relief would be welcomed, especially for those in the lower income brackets.