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The GST/HST Credit Has a New Name — And It's Paying 25% More

  Sunday, July 19, 2026 If you've relied on the quarterly GST/HST credit, that name is gone for good. Here's what replaced it, how much more it's worth, and whether you need to do anything to get it. For years, the GST/HST credit quietly landed in millions of Canadian bank accounts every three months — a modest, tax-free top-up meant to offset sales tax on everyday purchases. As of this month, that program no longer exists under its old name. It's now the Canada Groceries and Essentials Benefit (CGEB) , and the federal government has permanently increased the payment by 25%, locked in for five years. If you already qualified for the GST/HST credit, you don't need to apply for anything new. But you should know what changed, because the numbers — and the timeline — are more involved than a simple rename. What actually changed The CGEB was first announced by the federal government in January 2026 as part of a broader affordability push, and it became law with the passa...
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Bitcoin Surges to New Heights: Record Highs Amidst Dollar Weakness

 


Bitcoin, the original cryptocurrency, has achieved a remarkable milestone, soaring past $72,000 for the first time. This surge marks the sixth consecutive day of gains, propelling its year-to-date rally to an impressive 70%. The driving force behind this ascent? Massive inflows into US exchange-traded funds (ETFs).

Market Insights

  • Bitcoin’s Rally: The virtual currency surged by as much as 4%, reaching a peak of $72,234 on Monday. Notably, smaller tokens like Ether, Solana, and Avalanche also experienced gains.
  • Institutional Interest: Investors have poured nearly $10 billion into a batch of new Bitcoin ETFs since their launch in the US just two months ago. This influx has ignited a broad surge across crypto markets.
  • Global Acceptance: The London Stock Exchange has confirmed its acceptance of applications for admitting Bitcoin and Ether exchange-traded notes. Additionally, Thailand’s securities regulator has granted retail investors permission to buy overseas crypto ETFs.
  • Technical Indicators: Other bullish signals include the upcoming quadrennial “halving” event scheduled for April, which will reduce Bitcoin’s supply growth by half. Furthermore, growing open interest in Chicago-based CME Group’s Bitcoin futures market and a rebound in the funding rate indicate heightened interest from both institutional and retail traders.

As Bitcoin continues its meteoric rise, all eyes remain on the crypto landscape. 


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