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 The GST/HST Credit Has a New Name — and a Bigger Payout The GST/HST credit has officially been replaced by the Canada Groceries and Essentials Benefit (CGEB) .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...
Stock Market Today: US Futures Steady Ahead of Pivotal Week on Wall Street
Certainly! Here’s a brief article on today’s stock market activity and what lies ahead on Wall Street:
US stock futures remained relatively unchanged on Monday as investors braced themselves for a critical week marked by key economic data releases and pivotal events. Here’s a snapshot of what’s happening:
1. Federal Reserve Decision and Inflation Data Awaited
Investors are closely monitoring the Federal Reserve’s policy decision and May’s Consumer Price Index (CPI) inflation reading, both scheduled for Wednesday. These reports will provide crucial insights into the state of the economy and may impact market sentiment.
2. Nvidia’s Stock Split and Apple’s Developer Conference
Today, all eyes are on Nvidia (NVDA) as it undergoes a 10-for-1 stock split. Retail buyers are expected to flood in, potentially causing volatility. Meanwhile, Apple’s highly anticipated developers conference kicks off, where CEO Tim Cook is expected to unveil the company’s AI initiatives to catch up with rivals.
3. European Political Upsets Add to Uncertainty
France’s President Macron called a snap national election after a far-right trouncing in Sunday’s EU-wide vote. Germany’s leader also suffered a crushing defeat. Investors are keeping a watchful eye on potential fallout from these political developments.
4. Market Expectations and Outlook
Trader expectations for a rate cut in September have decreased, while those for November have risen. The Fed’s next rate decision will be closely watched. Despite signs of strength in the labor market, bets remain that interest rates will stay at a two-decade high for longer.
Conclusion
As Wall Street gears up for a pivotal week, the stock market remains in a delicate balance. Investors should stay informed and prepared for potential market-moving events.
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