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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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Stock Market Today: Nasdaq Surges and GameStop Skyrockets

 

In today’s stock market, the Nasdaq is leading the charge, with US futures pointing to an upbeat start for June. Here are the key highlights:

  1. Nasdaq Futures Rise: Contracts tied to the tech-heavy Nasdaq 100 (NQ=F) gained 0.4%, signaling a positive start for tech stocks. The S&P 500 (ES=F) also rose by 0.2%.

  2. GameStop’s Spectacular Surge: GameStop (GME) stole the spotlight, skyrocketing over 100% in pre-market trading. A Reddit post apparently by influential trader Keith Gill (AKA “Roaring Kitty”) fueled speculation of a return to the 2021-style meme rally. Fellow meme darling AMC’s (AMC) shares also shot up over 20%.

  3. Rate Cut Hopes and Inflation Data: Investors are optimistic about rate cuts as PCE data suggests inflation may have turned a corner. The Federal Reserve’s stance will be closely watched, especially with the May jobs report and other labor prints due later this week.

  4. AI Stocks Rally: Nvidia (NVDA) shares popped after the chipmaker unveiled a new AI platform. Rival AMD (AMD) also saw gains alongside its own new AI lineup and development plans.

Overall, stocks are poised to build on their strong performance from May, where all three major gauges broke records. Keep an eye on the Fed’s path and the tech sector as we navigate the market landscape.

Remember, investing involves risks, and it’s essential to do thorough research and consider professional advice before making any financial decisions. 

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