The Canadian Government in association with the government agency, Canada Revenue Service (CRA) provides the grocery rebates to make sure every citizen gets a healthier diet. One of the major concerns behind implementing this benefit is the rising food prices in the country due to inflation and high living expenses. The Canada Grocery Rebate intends to balance the basic household expenses of underprivileged citizens of the nation. This post will discuss all the latest updates on the Canada New Grocery Rebate Changes in 2024 including its eligibility criteria, payment amount and dates, so that you cannot miss any updates.
What are the Canada New Grocery Rebate Changes?
The foremost reason behind implementing Canada New Grocery Rebate which was initially announced in budget 2023 is to provide financial help to the eligible citizens of the country. Last year, the payment amount was double of the amount of a person’s GST/HST credit payment from January 2023. The Canada New Grocery Rebate Changes intends to compensate the rising food prices in the country that took a hike during and after the corona virus pandemic. Since there is no decline in food prices even after the stability in the global pandemic, the citizens are still facing financial burden while affording healthier diet.
According to the recent reports, the food prices are expected to rise by 2.5% to 4.5% and the new Canada Grocery Rebate will play a key role to compensate such cause. Ever since the last rebate was out in July 2023, the citizens are awaiting the next grocery rebate in 2024. However, the Canada Revenue Service has not made any official announcement regarding the Canada Grocery Rebate to arrive in 2024. But it is expected that the payment will arrive I in the month of August this year. The eligible beneficiaries are advised to wait for the official confirmation regarding the payment before proceeding towards any further actions. The grocery rebate is a one-time payment and the CRA has set some requirements which must be qualified by an applicant in order to receive the New Grocery Rebate.
Canada New Grocery Rebate Changes Quick Details
| Post title | Canada New Grocery Rebate Changes 2024 |
| Country | Canada |
| Governed by | Federal government of Canada |
| Department | Canada Revenue Agency (CRA) |
| Implemented in | Budget 2023 |
| Category | Government aid |
| Purpose | To assist low-income citizens |
| Applicable for | Eligible citizens |
| Year | 2024 |
| Official website | canada.ca |
Who is Eligible for the Canada New Grocery Rebate in 2024?
Though, there is no official confirmation whether Canada New Grocery Rebate Changes will arrive in 2024 but as of rising food prices in the country, CRA may implement the benefit in the following months. Thus, it is important for the citizens to be aware of the eligibility requirements which are set by the authorities. You can check the eligibility criteria mentioned in the points listed below:
- A person must be a citizen and a permanent resident of Canada at the time when CRA makes the payment.
- A person must be receiving GST/HST credits.
- A person must have filed their tax returns of previous years to be eligible for the Canada New Grocery Rebates.
- In the month before the CRA makes the quarterly payment and at the beginning of the month when CRA makes a payment, a person must be at least 19 years old or above. If you are not 19 years old, then you must meet one of the following conditions:
- You have or had a spouse or common-law partner.
- You are or were a parent and live or lived with your child.
How Much Can You Receive Under Canada New Grocery Rebate?
The Canada New Grocery Rebate payment amount is based on certain factors. The CRA will use your adjusted family net income and the number of children you have while determining your payment amount. In addition to it, if you are applying as an individual or if you have a spouse or a common-law partner, then it will also impact the payment amount that you are entitled to claim. You can check the payment amount as per your personal circumstances in the tables mentioned below:
For an eligible individual:
| Children | Payment amount |
| No children | $234 |
| With one child | $387 |
| With two children | $467 |
| With three children | $548 |
| With four children | $628 |
For a married couple
| Children | Payment amount |
| No children | $306 |
| With one child | $387 |
| With two children | $467 |
| With three children | $548 |
| With four children | $628 |
NOTE: It is to notify to the eligible beneficiaries that the payment data presented in the above-mentioned tables are based on the 2023 grocery rebate payment amounts. The pay put details for the Canada New Grocery Rebate will not be finalised until the CRA makes the official announcement regarding the rebate.
Canada New Grocery Rebate 2024 Fact Checks
Recently, numerous web portals are claiming the Canada New Grocery Rebate to arrive in the month of August 2024 but there is no official confirmation from neither the Canadian government nor the Canada Revenue Service (CRA). The details mentioned in this post are sourced by the CRA and are mere estimations based on news circulated on different web portals. We do not support any false news regarding the financial support programs and intends to maintain authenticity. The eligible beneficiaries are advised not to rely on any unreliable sources that are claiming the payment to arrive in 2024. For more information, you can also visit the official website of the Canada Revenue Agency.
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David has spent Several years reporting on the oil and gas industry, uncovering the latest trends and technological breakthroughs. His expertise in energy markets and passion for sustainable practices make his articles both insightful and forward-thinking. Davis’s in -depth analyses are a staple for professionals seeking to stay ahead in this dynamic field.