Thursday, July 9, 2026 Every July, a wave of federal benefit payments resets for the new benefit year — and 2026 brings one of the biggest shifts in years. Between a permanent 25% boost to the old GST/HST credit, a fresh Canada Child Benefit increase, and the largest quarterly OAS bump of the year, millions of Canadian households will see different numbers land in their accounts this month. Here's what actually changed, and what to check in your own CRA account. The GST/HST Credit Has a New Name — and a Bigger Payout The GST/HST credit has officially been replaced by the Canada Groceries and Essentials Benefit (CGEB) . It's not a new program from scratch — it runs on the same CRA infrastructure and eligibility rules — but the payment amounts are 25% higher, and that increase is locked in for five years. The first CGEB payment went out on July 3, 2026. Under the new structure: A single individual with no children can receive up to roughly $679 per year (about $170 per quart...
- Permanent Ceasefire: Hamas insists on a lasting cessation of hostilities.
- Israeli Troop Withdrawal: The complete withdrawal of Israeli forces from the entire Gaza Strip.
- Return of Displaced Palestinians: Ensuring the safe return of displaced Palestinians to their original areas and places of residence.
- Humanitarian Aid and Reconstruction: Intensifying the entry of relief and aid and commencing the much-needed reconstruction efforts.
Hamas’s readiness to engage in a prisoners-for-hostages swap deal with Israel, involving the release of 133 hostages, underscores the gravity of the situation. However, Israel has already dismissed some of these demands as delusional.
As tensions persist, the region remains on edge, awaiting further developments in this protracted conflict. The stakes are high, and the delicate balance between peace and continued strife hangs in the balance.
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