Thursday, December 11, 2025

Trudeau Proceeds with ‘Grocery Rebate’ to Address Cost of Living Crisis

The Liberals’ promised ‘grocery rebate’ is coming to eligible Canadians in early July. The legislation that implements the one-time $2.5 billion affordability-focused payment was passed by the Senate on Wednesday.

Bill C-46, also called the Cost of Living Relief Act, No. 3, would give 11 million low- and modest-income Canadians “hundreds of dollars in support by direct deposit or cheque” on July 5th.

Recipients of the grocery rebate will not be required to spend the money on groceries, they will have the freedom to use the rebate as they see fit. A single person with no children could receive a one-time grocery rebate of up to $234. A couple with two children could receive up to $467, and a senior citizen about $225. 

Canadian households earning $38,000 or less, and individuals earning $32,000 or less will automatically be eligible to receive the grocery rebate along with the July GST credit, but to receive the payment, it’s required for recipients to have filed their 2021 tax return.

The new legislation also enacts a $2 billion “unconditional” federal health transfer top-up that will soon be distributed to provinces and territories.


Information for this story was found via CTV News, Twitter, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Canada Has So Few Projects That Can Be Built Before 2030 | Dan Wilton – First Mining

Guanajuato Silver: Q3 Results Overshadowed By Silver Ripping

I Went to See the Highest Grade Silver on Earth | Nord Precious Metals

Recommended

Steadright Locks Up Goundafa Polymetallic Mine Under Binding MOU

Emerita Resources Awards Contract For Pre-Feasibility Study On Iberian Belt West Project

Related News

Study: Canadian Dairy Farms Dumped $15B Worth of Milk in Ten Years

A new study reveals that Canadian dairy farmers disposed of an estimated 6.8 billion liters...

Friday, October 25, 2024, 11:29:00 AM

Federal Government Working on Extending CERB Payments for Canadians

As announced earlier, the Canadian Federal government is currently coming up with a plan to...

Tuesday, June 16, 2020, 07:14:00 PM

Housing Sales in Toronto Surge in June, Prices Skyrocket as a Result

As restrictions continue to be lifted across Canadian provinces, consumers have been flocking to the...

Wednesday, July 8, 2020, 03:27:00 PM

Here’s Yet Another New Way To Tax Canadians

Cities across Canada could soon have a new way to raise revenue if a proposal...

Wednesday, April 3, 2024, 07:19:00 AM

Quebec Doesn’t Want New York’s Migrants

New York City has been sending a record number of migrants to Canada, sparking concern...

Thursday, February 16, 2023, 06:07:00 AM