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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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Global Trade Tensions Surge as Tariffs Climb to 125%


In an unexpected move, tariffs have been raised to a significant 125%, sending shockwaves across global trade markets. This steep increase has sparked intense debates among governments, economists, and businesses alike, as the implications are far-reaching.

Supporters of the hike argue that it will protect domestic industries from foreign competition, fostering local economic growth and employment. They see the move as a necessary measure in an increasingly competitive global economy.

However, critics warn of potential consequences, including higher prices for consumers, disrupted supply chains, and strained international relations. Many industries reliant on imported goods are already voicing concerns over the financial strain this decision could impose.

As the dust settles, stakeholders are left to navigate an increasingly complex trade environment. How this decision will ultimately impact global commerce remains a critical question.



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