Carney Announces GST Rebate Boost to Counter High Cost of Groceries
Prime Minister Mark Carney is announcing a 25 per cent hike to the GST credit to help lower-income consumers deal with the high cost of groceries across the country.
Branded as the “Canada Groceries and Essentials Benefit,” the boost will be temporary, starting this year and lasting for five years.
The federal government will also issue a one-time payment this year worth 50 per cent of the credit.
Carney is making the announcement at an Ottawa grocery store as MPs returned to the House of Commons after a winter break...
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