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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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Alaska Summit: Trump and Putin to Discuss Ukraine Peace Prospects

 

In a surprising diplomatic development, U.S. President Donald Trump announced he will meet Russian President Vladimir Putin on August 15 in Alaska to negotiate a potential end to the war in Ukraine. The summit marks the first U.S.-Russia meeting of its kind since 2021 and is being hailed by some as a pivotal moment in global efforts to resolve the three-and-a-half-year conflict.

Trump suggested the peace deal could involve territorial exchanges, though he did not elaborate on specifics. The Kremlin confirmed the meeting, stating both leaders will focus on achieving a long-term peaceful resolution to the crisis.

However, Ukrainian President Volodymyr Zelenskyy expressed strong opposition to any agreement that excludes Kyiv, warning that such decisions would be “dead” and “unworkable”. He reaffirmed that Ukraine would not cede land to Russia, emphasizing the importance of national sovereignty.

The summit’s location—Alaska—adds a symbolic layer, given its historical ties to Russia and its strategic proximity across the Bering Strait. Analysts remain cautious, noting that while the meeting could open doors, deep divisions persist between Moscow and Kyiv over the terms of peace.

Whether this high-stakes dialogue leads to a breakthrough or further geopolitical tension remains to be seen.

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