Rebate to hit bank accounts on July 5th
You can finally expect to see the long promised "grocery rebate' this week.
The Canada Revenue Agency will be issuing payments to eligible Canadians tomorrow.
Months after Parliament passed the one-time benefit first unveiled as part of the 2023 federal budget, the payments will be hitting Canadians' bank accounts on Wednesday.
The food-inflation focused affordability measure is set to roll out to approximately 11 million low- and modest-income Canadians.
The grocery rebate is calculated based on information in the 2021 tax return.
You could receive a maximum payment of up to:
If you are single
- $234 (no children)
- $387 (with 1 child)
- $467 (with 2 children)
- $548 (with 3 children)
- $628 (with 4 children)
If you are married or have a common-law partner
- $306 (no children)
- $387 (with 1 child)
- $467 (with 2 children)
- $548 (with 3 children)
- $628 (with 4 children)
More information on the rebate can be found here.
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