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The GST Credit Is Gone: What the New Canada Groceries and Essentials Benefit Means for Your Wallet

  Canadian Money Brief · Government Benefits As of today, July 1, 2026, the GST/HST credit no longer exists under that name. It's been replaced by the Canada Groceries and Essentials Benefit (CGEB) — and for most recipients, the cheques (or direct deposits) are about to get bigger. If you've been getting the GST/HST credit, here's exactly what's changing, how much more you can expect, and when the money actually shows up. What Actually Changed The CGEB isn't a brand-new program from scratch — it's the GST/HST credit, renamed and enhanced. The federal government made two moves this year: A one-time top-up equal to 50% of your 2025–26 annual GST/HST credit amount, which started landing in bank accounts on June 5, 2026. A permanent-feeling 25% increase to the base benefit, in effect for five years starting with the July 2026 payment, and indexed to inflation. Both are automatic. If you filed your 2024 tax return and qualified for the GST/HST credit, you don'...
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Trudeau's Cabinet Faces Major Shakeup as Housing Minister Sean Fraser Steps Down

 

In a significant development, Housing Minister Sean Fraser has announced his decision to step down from the federal cabinet and not seek re-election in his Nova Scotia riding. This move comes as Prime Minister Justin Trudeau prepares for a cabinet shuffle, which could happen as soon as Wednesday.

Fraser, who has been a prominent figure in Trudeau's cabinet, cited family reasons for his departure. The demands of his portfolio have made it challenging for him to spend time with his family in rural Nova Scotia. His exit adds to the list of ministers who have decided not to run in the next election, including Minister of National Revenue Marie-Claude Bibeau, Minister of Sport Carla Qualtrough, and Minister of Northern Affairs Dan Vandal.

Amid these changes, Trudeau's office is making a concerted effort to recruit former Bank of Canada governor Mark Carney to join the cabinet. Carney, who has been approached multiple times in the past, is reportedly more open to the idea now, although no final decision has been made.

Fraser's departure and the potential addition of Carney highlight the ongoing efforts by Trudeau to refresh his cabinet and address the pressing issues facing his government, particularly in the housing sector.



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