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5 Things to Know Today: New Grocery Benefit, Bigger OAS Cheques and a Trade Deadline

  July 1, 2026 — Your quick morning briefing on what's moving Canadian wallets today. Happy Canada Day! Between a brand-new grocery benefit, bigger government cheques, and a high-stakes trade meeting in Ottawa, there's a lot happening behind the fireworks. Here are the five things every Canadian should know today. 1. The Canada Groceries and Essentials Benefit officially launches Starting July 3, the new Canada Groceries and Essentials Benefit (CGEB) replaces the GST/HST credit, delivering quarterly payments that are 25% higher than before. The boost is meant to run for five years and will land alongside the July, October, January, and April payment cycle. You don't need to apply — eligibility is calculated automatically from your 2025 tax return, so filing on time matters more than ever this year. 2. OAS gets its biggest quarterly bump of 2026 Old Age Security payments rise 1.2% for the July-to-September quarter — the largest cost-of-living adjustment seniors have seen so ...
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Tragedy in Gaza: School Shelter Targeted Amid Ceasefire Talks


An Israeli airstrike on a school-turned-shelter in Gaza City has claimed the lives of at least 23 people, including children, as Arab mediators work tirelessly to negotiate a long-term truce between Israel and Hamas. The strike ignited tents sheltering displaced Palestinians, leaving many burned alive. 

The attack comes amidst heightened tensions and a seven-week blockade on Gaza, which has severely restricted food and humanitarian aid. International criticism of the blockade has intensified, with France, Germany, and Britain calling it "intolerable". Palestinian President Mahmoud Abbas has urged Hamas to release hostages to prevent further escalation.

The humanitarian crisis in Gaza continues to worsen, with displaced families struggling to survive under dire conditions. The tragedy underscores the urgent need for a resolution to the conflict and an end to civilian suffering.



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