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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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Stock Market Today: World Shares Mostly Advance After Wall St Comeback from Worst Loss Since 2022

Shares were mostly higher in Asia and Europe on Friday following a patchy comeback by Wall Street from its worst loss since 2022. Here are the key highlights:

  • Asia:
    • Tokyo: The Nikkei 225 index initially gained but later slipped 0.5% to 37,667.41. Tokyo’s core consumer price index rose 2.2% in July, adding to expectations that the Bank of Japan may raise its near-zero benchmark interest rate.
    • Hong Kong: The Hang Seng edged 0.2% higher.
    • Shanghai: The Composite index edged 0.1% lower.
    • Seoul: The Kospi surged 0.9%.
    • Taiwan: The Taiex sank 3.3% after reopening following a typhoon-related closure.
  • Europe:
    • Germany: The DAX edged 0.2% higher.
    • France: The CAC 40 rose 0.8%.
  • U.S. Futures and Oil Prices:
    • U.S. futures and oil prices also saw gains.

The split performance on Wall Street saw general stocks and other previously downtrodden areas rise, while Big Tech stocks gave back some of their recent gains. Overall, markets remain volatile, influenced by global economic conditions and investor sentiment.

Remember to stay informed and consider professional advice when making investment decisions. 


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