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.