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Canada Approves New GST Rebate, Promising Spring Top-Up for 12 Million Canadians

  • A one-time GST top-up payment will be given to 12 million Canadians this spring.
  • The Canada Groceries and Essentials Benefit, fast-tracked with conservative support, has received royal assent.
  • The benefit is indexed to inflation and adds $11.7 billion in support over six years.
  • A family of four could receive just over $1,800 this year.
  • Eligible Canadians may receive a benefit worth 50% of the GST credit.

Source: chch.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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