GST Rebate Boost Hits Canadian Wallets

Starting this Friday, eligible Canadians will receive a surprise $200 boost — that’s 50% more than your usual GST credit — if your annual rebate was $400. To qualify, you must be a resident, 19+, and have filed your 2024 taxes. Income limits apply: singles under $56,181, couples under $74,201 depending on kids. This one-time payment is part of a bigger plan: the GST credit is being phased out in favor of a new Canada Groceries and Essentials Benefit, with quarterly rebates rising 25% annually for five years. As Canada enters a technical recession, unemployment hits 6.9% and inflation climbs to 2.8%, this extra cash could ease the squeeze. If you’re set up for direct deposit, expect it by June 5th — otherwise, a cheque arrives via CRA. 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/6c492ed1d2002480