CRA: Latest News

All news where CRA is mentioned

Chrystia Freeland - Bill 100 (100) - Grocery rebate rollout: Here’s who will get the one-time payment and when - globalnews.ca - Canada
globalnews.ca
84%
437
Grocery rebate rollout: Here’s who will get the one-time payment and when
grocery rebate as early as July 5, the federal government said Thursday.In a statement, the government said the grocery rebate will be delivered to eligible Canadians on that date, by direct deposit or cheque through the Canada Revenue Agency.The rebate will be up to $467 for eligible couples with two children, $234 for single Canadians without children, and $225 for seniors, on average.The announcement came as Bill C-46, the Cost of Living Act, which allows the rebate, received Royal Assent on Thursday. The legislation also includes a $2 billion Canada Health Transfer (CHT) top-up to reduce backlogs and wait times, the statement said.The grocery rebate was introduced in the 2023 federal budget as a way to compensate Canadians for higher grocery prices due to inflation, though the rebate can be spent on anything.“It is excellent news for Canadians that Bill C-46 received Royal Assent today, following unanimous approval by the House of Commons just a few weeks ago,” Finance Minister Chrystia Freeland said in a statement.The rebate will be issued automatically to about 11 million Canadians whose household income is $38,000 or less, and individuals who make $32,000 or less.There is no need to apply for the grocery rebate, which will be delivered along with the July GST Credit payment.
DMCA