Canada’s Extra GST Credit Drop

Starting June 5th, millions of Canadians will receive a surprise financial boost — a top-up to their existing GST credit, acting as a bridge to the new Canada Groceries and Essentials Benefit launching next month. This quarterly payment, 25% higher than current GST credits and lasting five years, aims to ease rising costs for over 12 million households. Amounts vary based on income and kids — singles could get up to $267, families with four kids up to $717. Payments begin June 5th via direct deposit or paper cheque, still labeled as GST/HST credit. If you missed out, it might be due to not filing 2024 taxes, not qualifying for the January credit, or if your spouse already claimed it — or if the funds covered an outstanding CRA balance. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b6ace29815469651