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5 Things to Know Today — September 24, 2026

  Thursday, September 24, 2026 5 Things to Know Today Bond yields are hitting levels not seen in decades, Trump and Xi just extended a trade truce, and the Bank of Canada is mired in a near-100-day strike. Here's what Canadians need to know this morning. 1 · Markets TSX Sinks as Bond Yields Hit Multi-Decade Highs The TSX dropped 584 points on Wednesday — a 1.61% slide — closing at 35,751.43 and breaking through its 25-day and 50-day moving averages. It was the worst single-session performance in weeks, reversing three straight days of gains. The selloff was driven by rising energy prices and a global bond market rout that has sent U.S. 10-year Treasury yields toward 5.1%, their highest since 2007, while Canada's 30-year yield hit a level not seen since 2004. Higher yields pull money out of equities and push up borrowing costs across the board. Big bank stocks led the decline — RBC fell 2%, TD dropped 2.4%, BMO shed 2%, and Scotiabank retreated 1.6% — while gold miners added to ...
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GST/HST Credit Eligibility Criteria for 2024




The GST/HST credit is a tax credit offered to low- and modest-income households in Canada. It is a tax-free quarterly payment that helps offset the GST or HST paid on goods and services. You are eligible for the GST/HST credit if you are a Canadian resident over the age of 19. A Canadian resident earning below $52,255 annually is eligible to apply for the GST/HST tax credit. The annual earnings limit increases to $62,175 for a single parent with two children, and for a married couple with three children, the adjusted family income should be lower than $65,595.

The GST/HST tax credit amount varies based on the individual’s income and family size. An individual is eligible to receive up to $496 in tax refunds. Moreover, the tax credit amount rises to $650 for married couples, while for every child below the age of 19, the payout is raised by an additional $171.

The GST/HST tax credit for the 2022 base year will be distributed between July 2023 and June 2024. The last GST/HST tax credit distribution date was on January 5, 2024.

It is important to note that the eligibility criteria and tax credit amounts are subject to change. For the most up-to-date information, please visit the official website of the Canada Revenue Agency.

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