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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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Canada's Unemployment Rate Hits 6.8% Amidst Job Market Challenges


Despite a significant increase in hiring, Canada's unemployment rate rose to 6.8% in November, marking the highest level since January 2017, excluding the pandemic period. The economy added 51,000 jobs last month, with most of the gains in full-time employment. However, the rise in unemployment was driven by more people entering the job market, reflecting ongoing challenges in the labor market.

The Bank of Canada is closely monitoring these developments as it prepares for its upcoming interest rate decision. High interest rates have cooled the labor market over the past year, leading to longer periods of unemployment for many Canadians. The job report also highlighted that 46.3% of unemployed Canadians in November had not worked in the last year or had never worked, up from 39.5% a year ago.

As the country navigates these economic headwinds, the focus remains on balancing job growth with inflation control and interest rate adjustments.




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