The federal government has announced that a one-time financial boost aimed at easing the burden of rising living costs will be distributed to eligible Canadians on June 5.
Prime Minister Mark Carney first revealed the initiative in January as part of a broader effort to support households facing inflationary pressures. The payment, now branded under the Canada Groceries and Essentials Benefit, will provide recipients with an amount equal to 50 percent of their annual GST/HST credit.
The benefit is targeted at low- and moderate-income Canadians. Eligible individuals and families who have already filed their 2024 tax returns and currently receive the quarterly GST/HST credit will automatically qualify for the additional payment. No separate application process is required.
According to government estimates, a family of four earning a net income of $40,000 annually will receive approximately $533 in June. Meanwhile, a single individual with an income of $25,000 can expect to receive around half that amount.
In addition to the one-time payment, Ottawa has confirmed a long-term enhancement to the existing credit system. Starting in July, regular quarterly GST/HST credit payments will increase by 25 percent over the next five years. This adjustment is designed to provide sustained relief as Canadians continue to navigate higher costs for essential goods.
Combined with the increased quarterly payments, the government estimates that a qualifying family of four could receive up to $1,890 in total support this year. A single individual may receive up to $950 under the updated structure.
Officials say the expanded benefit reflects ongoing concerns about affordability and is part of a broader strategy to assist Canadians with everyday expenses, particularly groceries and other necessities.
