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Canada's New Grocery Benefit Starts July 3 — How Much Will You Get?

  If you've been receiving the GST/HST credit, something is changing on July 3, 2026 — and it's actually good news. The federal government is replacing the old credit with a new program called the Canada Groceries and Essentials Benefit (CGEB) , and it comes with payments that are 25% larger. More than 12 million Canadians qualify. No application is required. Here's everything you need to know before the first payment lands. What Is the CGEB? The Canada Groceries and Essentials Benefit is the federal government's replacement for the GST/HST credit, which has been around since 1991. Prime Minister Mark Carney announced the new benefit on January 26, 2026, and it received Royal Assent on February 12 under Bill C-19. The legislation commits $11.7 billion in additional support to Canadians over six years — $3.1 billion immediately through the one-time June top-up, and $8.6 billion over five years through higher quarterly payments. The name change is deliberate — it signal...
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Trump's Tariff Gamble: Boom or Bust?

In a bold move, former President Donald Trump has predicted that his sweeping global tariffs will lead to an economic boom for the United States. The tariffs, which impose significant taxes on imports from various countries, are aimed at boosting domestic manufacturing and creating jobs. Trump has emphasized that these measures will "bring back manufacturing jobs" and "restore America's economic glory."

However, the immediate reaction from global markets tells a different story. Financial markets worldwide have experienced sharp declines, with major indices like the S&P 500 and Nasdaq dropping significantly. Economists warn that the tariffs could lead to higher inflation and slower economic growth, potentially offsetting any benefits from increased domestic production.

While Trump remains optimistic about the long-term impact of his policies, critics argue that the tariffs could strain international relations and disrupt global supply chains. The coming months will reveal whether Trump's vision of economic prosperity will materialize or if the tariffs will trigger a recession instead.

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