FinanceNews

The Federal Grocery Rebate Canada Will Begins Today July 5, 2023

This news article summarizes the facts for the Canadians who are interested in getting into the Federal Grocery Rebate Canada program. You might also be suggested to go to The Globe and Mail, a Canadian news source, to read an article for more details on a grocery rebate program in July: “The federal grocery rebate is available this week. Who is eligible and how to get it”. The article is concentrated on the specifics and effects of this program.

The Federal Grocery Rebate Canada Program Summary

The federal grocery rebate will be available to eligible Canadians on July 5, along with the next quarterly GST/HST credit payment. The rebate, which is based on the 2021 tax return, is equal to the amount of GST/HST credit that was given in January doubled. The amount varies depending on the family situation. On July 5, the Canada Revenue Agency will send eligible Canadians a one-time payment in the form of a rebate.

Eligibility for the Grocery Rebate Canada:

  • Based on eligibility to receive the GST/HST credit for January 2023.
  • Requires filing a tax return for 2021, regardless of income.
  • Possible entitlement to the grocery rebate without the July HST/GST credit or vice versa.

The rebate amount for singles (with children):

  • $234 (no children)
  • $387 (1 child)
  • $467 (2 children)
  • $548 (3 children)
  • $628 (4 children)

The rebate amount for married or common-law partners (with children):

  • $306 (no children)
  • $387 (1 child)
  • $467 (2 children)
  • $548 (3 children)
  • $628 (4 children)

Accessing the Grocery Rebate Canada:

  • One-time payment from the Canada Revenue Agency on July 5.
  • Contact the agency if the rebate is not received within 10 days.

Conclusion

In conclusion, the article informs readers about the Federal Grocery Rebate Program in Canada, detailing the eligibility criteria, payment amounts, and application process. It underscores the government’s effort to support families facing financial hardships due to the ongoing pandemic.

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