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 The GST/HST Credit Has a New Name — and a Bigger Payout The GST/HST credit has officially been replaced by the Canada Groceries and Essentials Benefit (CGEB) .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...
Canada and EU Forge Strategic Alliance Amid Global Arms Race
In a rapidly shifting geopolitical landscape, Canada and the European Union (EU) are strengthening their defense ties to address growing security concerns. This collaboration aims to bolster each other's military capabilities and reduce reliance on traditional allies, particularly the United States.
The partnership comes as Europe accelerates its rearmament efforts in response to heightened threats from Russia. Canada, with its robust defense manufacturing sector, is poised to play a pivotal role in this alliance. Canadian firms are expected to contribute to the production of European fighter jets, military equipment, and advanced technologies, marking a significant shift in Canada's defense strategy.
For Canada, this partnership offers an opportunity to diversify its defense exports and integrate into European supply chains. The EU, on the other hand, benefits from Canada's expertise in areas such as aerospace, naval defense, and cybersecurity. This collaboration underscores a mutual commitment to enhancing transatlantic security and addressing shared challenges.
As the global arms race intensifies, this alliance signals a strategic recalibration of military partnerships, reflecting the evolving dynamics of international relations.
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