5 Things to Know Today Your morning briefing on what's moving Canadian wallets and markets — Thursday, June 5, 2026. 1 / Benefits Your Grocery Benefit Cheque Lands Today Today is the day millions of Canadians have been watching their bank accounts for. The federal government is issuing a one-time Canada Groceries and Essentials Benefit (CGEB) top-up to more than 12 million eligible Canadians starting June 5, 2026. The payment equals roughly 50% of your annual GST/HST credit entitlement — so if you normally receive that credit, expect to see a notably larger-than-usual deposit. The numbers: a family of four could receive up to $1,890 in 2026 (including the top-up), while a single person could receive up to $950 . Your bank statement may still label the deposit as "GST/HST Credit" or "GST/HST RC150" — that's normal. The full rebrand to CGEB takes effect July 3, 2026, when the regular quarterly payments resume at a permanent 25% increase for the next five...
In a significant escalation of hostilities, Israel has increased its airstrikes on the Gaza Strip’s Rafah region, resulting in the death of at least six Palestinians. The Israeli military has declared its intention to evacuate civilians from the border city and launch a full-scale assault, despite international warnings of potential mass casualties.
Key Points:
- Airstrike Aftermath: Overnight airstrikes targeted Rafah, killing six, including a journalist, and resuming bombardment across Gaza.
- Civilian Exodus: Warnings of an invasion have prompted some families to flee Rafah, though many remain uncertain of safe destinations.
- Humanitarian Concerns: International pleas urge restraint to prevent a humanitarian disaster in Rafah, densely populated with displaced civilians.
- Conflict Toll: The ongoing conflict, now in its seventh month, has resulted in over 34,000 Palestinian casualties and widespread displacement.
The situation remains tense as the international community calls for a de-escalation of violence and protection for the innocent caught in the crossfire. The war’s impact continues to devastate Gaza, raising fears of further humanitarian crises.
Comments
Post a Comment