GST credit top-up will boost Canadian families, Prime Minister says

Prime Minister Mark Carney announced the Canadian Groceries and Essentials Benefit, which includes an increase to the GST credit that returns part of the federal sales tax to lower-income Canadians.

Prime Minister Mark Carney announced on Monday that the government will launch the Canadian Groceries and Essentials Benefit. The program includes an increase to the GST credit. The GST credit returns a portion of the federal sales tax to Canadians with lower incomes. Carney said the benefit will provide relief for people who feel the extra cost at the checkout most acutely. Key points: - The Canadian Groceries and Essentials Benefit was announced by Prime Minister Mark Carney. - The announced package includes an increase to the GST credit. - The GST credit returns a portion of the federal goods and services tax to lower-income Canadians. - Carney described the measure as providing relief for people who feel higher grocery costs most acutely. - The report did not specify timing or detailed implementation steps for the new benefit. Summary: Officials present the measure as targeted support for lower-income households facing higher grocery costs. Undetermined at this time.