Skip to main content

Featured

Canada's New Grocery Benefit Starts July 3 — How Much Will You Get?

  If you've been receiving the GST/HST credit, something is changing on July 3, 2026 — and it's actually good news. The federal government is replacing the old credit with a new program called the Canada Groceries and Essentials Benefit (CGEB) , and it comes with payments that are 25% larger. More than 12 million Canadians qualify. No application is required. Here's everything you need to know before the first payment lands. What Is the CGEB? The Canada Groceries and Essentials Benefit is the federal government's replacement for the GST/HST credit, which has been around since 1991. Prime Minister Mark Carney announced the new benefit on January 26, 2026, and it received Royal Assent on February 12 under Bill C-19. The legislation commits $11.7 billion in additional support to Canadians over six years — $3.1 billion immediately through the one-time June top-up, and $8.6 billion over five years through higher quarterly payments. The name change is deliberate — it signal...
Post a Comment
Read more

article

Labels

How to Boost Your Income in a Tough Economy


Many Canadians are feeling the pinch of the rising cost of living, and cutting expenses may not be enough to make ends meet. Financial experts say that increasing your income is a better strategy than slashing your budget to the bone.

Here are some ways to boost your income according to experts:

1.  Negotiating a higher salary at your current job is a good first step. Do your research on the market value of your skills and achievements, and being prepared to make your case for a raise.

2. Diversifying your income sources by selling your unwanted items, renting out your space or possessions, or starting a side hustle. However,  these options may require trade-offs in terms of time or privacy.

Many professionals in this field agree that boosting your income is more effective than cutting your expenses in the long run. You should be looking for opportunities to use your skills, hobbies, or passions to generate extra income, while being mindful of the tax implications.

Also seeking professional advise if you are struggling with debt or budgeting, as there may be solutions that you are not aware of. Increasing your income can help you achieve your financial goals and improve your quality of life.

Labels:

Comments

Post a Comment