Thursday, July 9, 2026 Every July, a wave of federal benefit payments resets for the new benefit year — and 2026 brings one of the biggest shifts in years. Between a permanent 25% boost to the old GST/HST credit, a fresh Canada Child Benefit increase, and the largest quarterly OAS bump of the year, millions of Canadian households will see different numbers land in their accounts this month. Here's what actually changed, and what to check in your own CRA account. The GST/HST Credit Has a New Name — and a Bigger Payout The GST/HST credit has officially been replaced by the Canada Groceries and Essentials Benefit (CGEB) . It's not a new program from scratch — it runs on the same CRA infrastructure and eligibility rules — but the payment amounts are 25% higher, and that increase is locked in for five years. The first CGEB payment went out on July 3, 2026. Under the new structure: A single individual with no children can receive up to roughly $679 per year (about $170 per quart...
A New Chapter Begins: Prince Rahim Al-Hussaini Ascends as Aga Khan V
Prince Rahim Al-Hussaini has been designated the 50th hereditary Imam of the Nizari Ismaili Muslims, marking a historic transition for the community of approximately 12–15 million followers worldwide. Following the unsealing of the late Prince Karim Aga Khan IV’s will after his passing at age 88 in Lisbon, Rahim—now Aga Khan V—steps into his father’s formidable legacy of spiritual leadership and global development.
Born on October 12, 1971, in Geneva, Switzerland, Rahim was educated in the United States, graduating from Brown University with a degree in comparative literature before furthering his studies in management and administration in Barcelona. His longstanding involvement with the Aga Khan Development Network (AKDN) has seen him serve on multiple boards and chair the Environment and Climate Committee. This role underlines his commitment to addressing pressing challenges such as climate change and poverty alleviation, priorities that were central to his father’s philanthropic vision.
As the community embarks on this new era, followers and leaders alike anticipate that Prince Rahim’s leadership will continue the 1,400-year tradition of a living Imam—a figure both revered for his spiritual guidance and entrusted with significant social and economic responsibilities. Global leaders and institutions have already expressed their condolences and confidence in the new Imam’s ability to uphold the values of peace, compassion, and sustainable development.
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