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Budget 2026 Brings a Second Grocery Top-Up: Who Gets It and How Much

  Canadian Money Brief  |  Budget 2026  |  November 6, 2026 Another grocery cheque is on the way. In Thursday's federal budget, Ottawa proposed a second one-time top-up to the Canada Groceries and Essentials Benefit (CGEB), a payment worth half the benefit's annual value, expected to land in early 2027. $339 budget estimate, qualifying single person $679 budget estimate, couple with two children Early 2027 expected timing, exact date not announced $4.1B cost of the expanded program What Ottawa actually announced Budget 2026, a 511-page document titled "Masters of our Destiny," is mostly about investment and productivity. But tucked into its affordability measures is a repeat of something Canadians have already seen this year. The government proposes a one-time payment equal to half of the CGEB's annual value, and the Canadian Press reports it is expected in early 2027. A similar payment went out in June. That June payment was a one-time top-up equal to 50% of t...
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Boost Your Credit Score and Save Money: Expert Tips


With household finances still tight for many Americans, increasing your credit score may be one way to save money. A recent study by LendingTree reveals that raising your credit score can have substantial financial benefits. Here are the details:

The Impact of a Higher Credit Score

  • Savings Potential: Increasing your credit score from fair (580 to 669) to very good (740 to 799) could save you a whopping $22,263 over the life of your credit and loans. Mortgages account for the largest portion of these savings, with an impressive $16,677.

  • Monthly Savings: Overall, consumers stand to save an extra $92 per month across various debt types, including auto loans, credit cards, mortgages, and personal loans. While this projected savings has decreased from a previous estimate, it’s still a significant amount that can make a difference in your financial well-being.

Expert Tips for Improving Your Credit Score

  1. Check Your Credit Report for Errors: Mistakes on credit reports are more common than you might think. About 1 in 5 consumers discover errors, and disputing these inaccuracies can lead to score improvements. Keep an eye out for any discrepancies and take action to correct them.

  2. Aim for a Higher Score: While a credit score above 700 is generally considered good, reaching 740 or higher opens up even more opportunities. With a higher score, you’ll qualify for better loan terms and lower interest rates. It’s worth the effort to boost your score and reap the long-term benefits.

Remember, improving your credit score isn’t just about numbers—it’s about securing your financial future. So take proactive steps, monitor your credit, and watch those savings add up! 

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