Sunday, November 1, 2026

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. 

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

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

The Red Cloud Fall Mining Showcase 2026 | Day 1

Can an Old Irish Mine Recover the Silver It Left Behind? | Julian Vickers – Northmin Corporation

Is Gold at $4,000 a Buy Zone or a Breakdown? | David Morgan

Recommended

Mercado Minerals Lengthens El Triunfo Vein by 190 Metres, Readies 1,500-Metre Zamora Drill Program

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Related News

Canadian Banks Restrict Staff From Wealthsimple’s Prediction Markets

Securities lawyers say betting markets tied to unreleased corporate data create a legal gray zone...
Friday, August 21, 2026, 05:34:00 AM

Liberals Lead Among Young Canadians Even as Youth Unemployment Hits Near-Record Highs

Young Canadians are facing the worst job market outside a recession in decades — and...

Monday, May 11, 2026, 06:15:22 AM

Canada Posts First Trade Surplus in Six Months as Gold and Oil Exports Surge

Canada’s metals and mineral products hit $15.3 billion in exports in March 2026 — a...

Tuesday, May 12, 2026, 05:44:00 AM

Canada’s Per Capita GDP Falls as Economic Growth Stagnates

Canada’s real gross domestic product per capita declined 0.4% in the second quarter of 2025,...

Thursday, September 25, 2025, 03:42:00 PM

Canadian Households and Businesses Hoarding a Record-Breaking $170 Billion in Excess Cash

The coronavirus pandemic has created significant financial uncertainty for many Canadians, pushing them to forego...

Wednesday, November 18, 2020, 04:51:00 PM