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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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Tariff Shock: U.S. Duties Hit $48.2B Worth of Indian Exports

 

                                            Workers at a manufacturing unit make leather footwear in Agra, India, on Monday.


The United States has officially implemented steep new tariffs on Indian goods, escalating trade tensions between the two nations. Effective August 27, 2025, the duties—raised from 25% to 50%—target a wide range of products, threatening approximately $48.2 billion in Indian exports.

Key sectors facing the brunt include textiles, gems and jewellery, shrimp, steel, and agricultural products, with industry experts warning of severe competitiveness losses in the U.S. market. Pharmaceuticals, energy, and electronics remain exempt, offering limited relief.

The tariff hike follows Washington’s criticism of New Delhi’s continued purchase of Russian oil, which U.S. officials argue indirectly funds Moscow’s war in Ukraine. India has defended its stance, citing energy security and economic necessity, while Prime Minister Narendra Modi has urged citizens to “buy Indian” to cushion the blow.

Analysts caution that the move could disrupt supply chains, cost jobs in export hubs, and push India to deepen trade ties with alternative partners, including BRICS nations. With no resolution in sight, the tariff standoff marks a sharp turn in U.S.–India relations, once seen as poised for a landmark trade deal.

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