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Canada Groceries and Essentials Benefit: What You Need to Know About Tomorrow's Payment

  If you've ever received a GST/HST credit payment from the CRA, there's a good chance money is landing in your bank account tomorrow — and this time, it could be noticeably bigger than usual. On June 5, 2026 , the federal government is issuing a one-time top-up payment to more than 12 million eligible Canadians as part of the transition to the new Canada Groceries and Essentials Benefit (CGEB) . Here's what the payment is, how much you could receive, and what changes are coming in July. What Is the June 5 Payment? The June 5 deposit is a one-time GST/HST credit top-up — equal to 50% of your annual GST/HST credit entitlement for the 2025–26 benefit year. Think of it as a bonus mid-year payment on top of your regular quarterly schedule. This payment is part of the federal government's bridge between the old GST/HST credit and the new Canada Groceries and Essentials Benefit, which officially launches in July 2026. The goal is to get money into Canadians' hands now, b...
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Navigating Uncertainty: Capital Gains Tax Changes Leave Taxpayers in a Bind

The recent prorogation of Parliament by Prime Minister Justin Trudeau has thrown taxpayers into a state of uncertainty regarding capital gains tax. The Canada Revenue Agency (CRA) continues to enforce the proposed changes, which increase the inclusion rate from 50% to 66.67% for gains over $250,000, despite the legislation not being formally enacted. This leaves taxpayers with two unappealing options: file based on the proposed legislation and potentially overpay, or file based on the previous rules and risk future penalties.

The CRA's decision to uphold the proposed changes, citing consistency and fairness, has frustrated many who made financial decisions based on the anticipated tax hike. With the future of the legislation uncertain, taxpayers are left scrambling to decide the best course of action.

This situation highlights the need for clear and timely legislative processes to avoid such dilemmas in the future. Until then, taxpayers must navigate these murky waters with caution and seek professional advice to mitigate potential risks.






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