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Canada Groceries & Essentials Benefit: Free Money Hits Your Account June 5 — Are You Getting Yours?

If you're a low- or modest-income Canadian, there's a very good chance the government is about to deposit money directly into your bank account — on June 5, 2026 — with zero application required. It's called the Canada Groceries and Essentials Benefit (CGEB) , and it's replacing the old GST/HST credit with a bigger, better payout. The first step? A one-time bonus payment arriving in less than two weeks. Here's everything you need to know to make sure you don't miss it. What Exactly Is This Payment? The federal government is transitioning away from the GST/HST Credit and launching the new Canada Groceries and Essentials Benefit (CGEB) starting July 2026. As a bridge to that new program, every current GST/HST credit recipient will receive a one-time lump-sum top-up on June 5, 2026 — equal to 50% of their annual 2025–26 GST/HST credit . Think of it as a bonus cheque (or direct deposit) to help you cover rising grocery and essentials costs right now, before the n...
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Tech Rally Fatigue: Nvidia’s Impact on US Stocks


The US stock market remained relatively flat today, with the benchmark S&P 500 unchanged and the tech-heavy Nasdaq Composite gaining 0.2%. However, this stability is notable because it follows a recent surge driven by artificial intelligence (AI) stocks, particularly Nvidia (NVDA). Nvidia briefly held the title of the world’s most valuable company this week, but today it faced a decline of over 1%. Other chip stocks, including Broadcom (AVGO), Super Micro Computer (SMCI), and Qualcomm (QCOM), also dipped alongside Nvidia.

Investors are closely monitoring the broader health of the US economy and the path for interest rates. Former St. Louis Fed president James Bullard suggested that last week’s cool Consumer Price Index reading could lead to a rate cut in September. While around two-thirds of traders still expect rate cuts to begin then, uncertainties remain.

In summary, the AI-fueled rally showed signs of fatigue today, and Nvidia’s performance played a significant role in shaping market sentiment.

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