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

A $2.2B Gold Project Is Outgrowing Its Plan | Michael Henrichsen – Gold X2 Mining

Pay for the Copper, Get the Gold Free | Rob McEwen – McEwen Inc

This Gold Discovery Was Already Huge. Now It’s Becoming a Monster. | Goliath Resources

Recommended

This Gold Discovery Just Keeps Getting Bigger | Roger Rosmus – Goliath Resources

Cardiol Expands MAVERIC Trial to Up to 150 Patients After Reaching Enrollment Target Early

Related News

Canada’s Labour Market Gains Slowing Down as Unemployment Rate Declines by 0.7% in August

It appears that Canada’s labour market continues to rebound from its coronavirus-induced historic slump of...

Friday, September 4, 2020, 03:41:37 PM

Six in 10 Canadians Expect Economy to Worsen in 2026

Nearly six in 10 Canadians expect the economy to deteriorate in 2026, with more than...

Thursday, January 15, 2026, 11:24:00 AM

Canada, Finland Establish Strategic Partnership Focused on Arctic Security, Ukraine Support

Canada and Finland announced a new foreign and security policy strategic partnership Tuesday, deepening cooperation...

Wednesday, August 20, 2025, 02:19:00 PM

Central Banks Are Loading Up On Gold Reserves While Canada Has None

Central bankers in charge of trillions of dollars in foreign exchange reserves are stockpiling gold...

Monday, April 24, 2023, 03:00:23 PM

CFIB: 1 In 6 Canadian Small Businesses Face Closure Due To Covid-19

Following a sudden resurgence of Covid-19 before the end of 2020, many regions across Canada...

Friday, January 22, 2021, 02:33:00 PM