Federal Government Set to Launch Grocery Rebate Program: Sources

The Canadian government is poised to unveil a new Grocery Rebate Program aimed at helping families cope with rising food prices. Prime Minister Mark Carney is expected to announce an increase in the Goods and Services Tax (GST) credit as part of a broader strategy to enhance affordability.

Details of the Grocery Rebate Program

The program, titled the “Canada Groceries and Essentials Benefit,” aims to alleviate the financial burden on low-income Canadians. Sources indicate that the GST payments will see a 25 percent increase over the next five years. This initiative is projected to benefit approximately 12 million citizens.

• One-Time Top-Up: A 50 percent increase in payments will occur in June 2026.
• Estimated Financial Relief: Low-income singles could see an additional $400 this year, while families with two children may gain up to $800.

Broader Affordability Measures

The announcement will include additional measures tackling structural challenges in Canada’s food supply chain and boosting competition within the market. Prime Minister Carney faces mounting pressure from opposition parties to effectively respond to soaring grocery prices, which have outpaced other inflation metrics.

The announcement is scheduled for Monday in Ottawa, after which Carney will meet with Ontario Premier Doug Ford to discuss further actions aimed at improving economic conditions.

This strategic move comes as the government seeks to provide tangible relief to citizens struggling with the cost of living, especially in the realm of food essentials. As inflation continues to impact grocery prices, the new rebate program could play a crucial role in making necessities more affordable for millions of Canadians.

For ongoing updates regarding the Grocery Rebate Program and other government initiatives, stay tuned to Filmogaz.com.