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Grocery Benefit Pays Monday, Oct. 5: What You'll Actually Get — and Who Gets $0

  The second Canada Groceries and Essentials Benefit (CGEB) payment lands Monday, Oct. 5, and it's the last one of 2026. Some households will see $222.50. Others will see nothing. Here's how to tell which group you're in. At a glance Payment date: Monday, Oct. 5, 2026 (tax-free) Maximum per payment: $169.75 single, $222.50 couple, plus $58.50 per child under 19 Based on: your 2025 tax return Next payments: January and April 2027 Check which number you're reading: yearly or per payment A lot of coverage this week quotes $679 for singles and $890 for couples. Those are the yearly maximums for the July 2026 to June 2027 benefit year, paid in four quarterly instalments. What arrives Monday is one quarter of that. Household Max per year Max per payment Single, no children $679 $169.75 Married or common-law $890 $222.50 Each child under 19 (added on) $234 $58.50 First child in a single-parent family $445 $111.25 Most households get less than the maximum The CGEB is incom...

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US Futures Edge Higher Ahead of Key Economic Signals

US stock futures are pointing to a slightly higher open today as Wall Street gears up for a week full of crucial economic data signals. Here’s what investors need to know:

  • Futures Performance:

    • Futures tied to the S&P 500 (ES=F) and the tech-heavy Nasdaq (NQ=F) both rose around 0.3%.
    • Dow Jones Industrial Average futures (YM=F) were up about 0.2%.
  • Market Volatility:

    • Last week was a rollercoaster ride for markets, leaving investors “on edge.”
    • Despite ending practically where they started, major indexes experienced significant volatility throughout the week.
  • Upcoming Data:

    • Wednesday: The Consumer Price Index (CPI) will provide fresh insights into inflation.
    • Thursday:
      • July’s retail sales data will offer a glimpse into the state of the US consumer.
      • Walmart (WMT) earnings will also be closely watched.
  • Fed Rate Cut Expectations:

    • Markets are interpreting good news as a positive sign, but volatility may hinge on the data signals.
    • The slowing economy has shifted the debate from whether the Federal Reserve should cut interest rates in September to how much they should cut.
    • Traders expect a 25-basis-point cut next month, while some anticipate a larger 50-basis-point cut.


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