Eligible Canadians are advised to check their bank accounts as new grocery benefit payments begin rolling out today. The one-time GST/HST credit top-up payment is designed to help low- and modest-income individuals and families offset the rising cost of groceries.
What Is the Grocery Benefit?
The grocery benefit is a targeted measure by the federal government to provide financial relief amid high inflation. It is a one-time payment issued through the Canada Revenue Agency (CRA) to those who qualify for the GST/HST credit. The amount varies based on family income and size, with single individuals receiving up to $234 and families up to $467.
Who Is Eligible?
To receive the payment, you must have filed your 2021 tax return and be eligible for the GST/HST credit. The CRA automatically issues the payment to eligible recipients; no application is required. Those who have not filed their taxes or who have changed their banking information should update their details with the CRA.
How to Check Your Payment
Recipients can check their bank accounts for a direct deposit from the CRA. Alternatively, a cheque will be mailed to those who do not have direct deposit set up. The CRA recommends logging into your online account or using the MyBenefits CRA mobile app to verify payment status.
What to Do If You Haven't Received It
If you believe you are eligible but have not received the payment, contact the CRA directly. Ensure your personal information is up to date, including your address and banking details. The CRA may take several business days to process payments, so patience is advised.
This initiative is part of the government's broader efforts to address affordability challenges faced by Canadians. For more information, visit the official CRA website or consult a tax professional.
