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 This Gold Company Keeps Spinning Out Assets | John-Mark Staude – Riverside Resources

Could This Be Canada’s Next Mid-Tier Gold Producer? | Kevin Bullock – NexGold

Silver at $75 and Why U.S. Silver Ounces Are Getting Hard to Find | Galen McNamara – Silver47

Recommended

Why This Gold Company Keeps Spinning Out Assets | John-Mark Staude – Riverside Resources

Silver at $75 and Why U.S. Silver Ounces Are Getting Hard to Find | Galen McNamara – Silver47

Related News

Holiday Chaos: Winter Storm Causes Thousands of Canceled Flights, Power Interruptions In US, Canada

A day before Christmas weekend, the winter storm continued to sweep through much of the...

Saturday, December 24, 2022, 11:23:00 AM

Two Fleets, Two Allies: Canada Considers Dividing Submarine Contract Between Germany and South Korea

Canada is considering dividing its multibillion-dollar submarine contract between two rival bidders — buying six...

Tuesday, March 3, 2026, 09:06:00 AM

Fitch: Canada’s Increasing Deficit will Pose Fiscal Consolidation Challenges Ahead

Despite the recent announcement of proroguing parliament in wake of a growing charity controversy, the...

Saturday, September 5, 2020, 01:45:00 PM

“Enough With The Woke Sh*t!”: MP Michelle Rempel Garner Says Canadians Have Had Enough

On Tuesday, the House of Commons heard some “unparliamentary” language from the immediately apologetic Conservative...

Thursday, October 6, 2022, 11:05:00 AM

Parliament Chief Confirms European Demand for Canadian Energy Exports

The European Union’s top parliamentary official confirmed Sunday that European nations stand ready to import...

Tuesday, September 9, 2025, 11:32:00 AM