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The GST/HST Credit Has a New Name — And It's Paying 25% More

  Sunday, July 19, 2026 If you've relied on the quarterly GST/HST credit, that name is gone for good. Here's what replaced it, how much more it's worth, and whether you need to do anything to get it. For years, the GST/HST credit quietly landed in millions of Canadian bank accounts every three months — a modest, tax-free top-up meant to offset sales tax on everyday purchases. As of this month, that program no longer exists under its old name. It's now the Canada Groceries and Essentials Benefit (CGEB) , and the federal government has permanently increased the payment by 25%, locked in for five years. If you already qualified for the GST/HST credit, you don't need to apply for anything new. But you should know what changed, because the numbers — and the timeline — are more involved than a simple rename. What actually changed The CGEB was first announced by the federal government in January 2026 as part of a broader affordability push, and it became law with the passa...
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Trump Implements 25% Tariff on Steel and Aluminum Imports

 

In a significant move, former U.S. President Donald Trump announced a 25% tariff on steel and aluminum imports, effective immediately. This decision follows a day of intense trade negotiations and threats to raise the tariff to 50%. The tariff aims to protect American industries but has sparked concerns about potential economic repercussions and strained relations with key trading partners, including Canada.

The announcement came after Ontario Premier Doug Ford agreed to suspend a proposed tax on electricity exports to the U.S., which had escalated tensions. Both sides are set to engage in further discussions to address trade disputes and explore revisions to the U.S.-Mexico-Canada Agreement (USMCA).

The tariffs are expected to impact global trade dynamics, with Canada and other affected nations preparing to respond. Critics argue that such measures could lead to higher costs for consumers and businesses, while supporters believe they will bolster domestic manufacturing.

This development underscores the complexities of international trade and the challenges of balancing national interests with global economic stability.

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