Canada's quarterly grocery benefit payments begin rolling out

Eligible Canadians will find additional funds in their bank accounts as the federal government begins distributing quarterly payments for its Canada Groceries and Essentials Benefit. This affordability measure, aimed at helping citizens cope with economic uncertainty and rising costs, is paid out every three months to lower-income households.

The benefit, formerly known as the GST/HST credit, has seen its quarterly payments boosted by 25% for the next five years. Annual amounts can vary significantly, ranging from a few hundred to over a thousand dollars per family, depending on factors like marital status and the number of children.

Prime Minister Mark Carney announced the initiative in January, positioning it as a crucial support for Canadians navigating the current economic climate. The first payment is being distributed today, with eligible households having already received a one-time payment equivalent to 50% of the annual benefit value in early June.