Canada’s New Grocery Benefit Explained | Calgary News

Your bank account just got a boost—starting this week, the Canada Groceries and Essentials Benefit (CGEB) is rolling out, replacing the old GST/HST credit with a 25% increase for five years, delivering $8.6 billion in extra support to about 500,000 more Canadians. Payments are automatic based on your tax return, split into four installments (or one lump sum if under $50 per quarter), with max annual amounts ranging from $679 for singles to $1,826 for families with four or more kids. Plus, don’t forget the one-time June payment that was half the old credit’s value—watch for your CGEB deposit. Listen in comfort:Get a discount on a Soli Pillow: http://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/5b7a772456087b66