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

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Integra: The DeLamar Heap Leach Feasibility Study

Highlander Silver: The Saviour Of Bear Creek Mining

Recommended

Steadright Subsidiary NSM Capital Sarl Applies For License At Titanbeach One

Goliath Resources Accelerates Option Agreement On Golddigger While Reducing NSR

Related News

500 PSAC Workers Hold Demonstration at Toronto Pearson, Passengers Warned to Plan for Delays

Toronto Pearson International Airport on Thursday warned passengers to anticipate disruptions and possible delays as...

Friday, April 28, 2023, 03:12:00 PM

Canada’s Economic Output Expands 0.4% in February

Canada’s economy continued its strong recovery in February, expanding by 0.4% and validating forecasts that...

Sunday, May 2, 2021, 02:47:00 PM

Australia Introduces Gas Reservation Requirements, Opening Door for Canadian LNG Competition

Australia will require liquefied natural gas exporters to reserve up to 25% of east coast...

Tuesday, December 23, 2025, 02:50:00 PM

Federal Reforms Target Random Violence and Repeat Offenses Under Bill C-14

The federal government introduced legislation Thursday aimed at tightening Canada’s bail process and increasing penalties...

Friday, October 24, 2025, 10:51:00 AM

Are Bank Runs Headed For Canada? Freeland-Sponsored Budget Bill Seeks To Amend Deposit Insurance Law

Canada has not seen a bank run in 38 years. But with the recent bank...

Tuesday, May 2, 2023, 12:33:00 PM