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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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Canada Strikes Back with $29.8 Billion in Tariffs on U.S. Goods

 

In a bold move to counter U.S. tariffs on Canadian steel and aluminum, Canada has announced retaliatory tariffs worth $29.8 billion. The new measures, set to take effect on March 13, 2025, will impose a 25% tariff on a range of U.S. imports, including steel, aluminum, computers, sports equipment, and cast-iron products.

Canadian Finance Minister Dominic LeBlanc emphasized the importance of protecting Canada's industries, stating that these tariffs are a direct response to the U.S.'s "unjustified" actions. The Canadian government has also introduced measures to support affected workers and businesses, including financial aid and trade programs.

This development marks a significant escalation in trade tensions between the two nations, with both sides standing firm on their positions. The impact of these tariffs is expected to ripple through industries on both sides of the border, potentially affecting prices and supply chains.

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