Slaying myths about income support | The-14 Evidence shows income supports don’t fuel inflation or discourage work. Targeted benefits ease food insecurity and help low-income Canadians.

Slaying myths about income support
#Canada #AffordabilityCrisis #FoodInsecurity #Inequality #Inflation #IncomeSupport #GSTCredit #CostOfLiving #PublicPolicy #CanadianEconomy #WealthInequality #SocialPolicy #Politics #Poverty
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The new Canada Groceries and Essentials Benefit (formerly GST credit) offers a one-time top-up and a 25% boost for five years—but many modest-income families won’t qualify. Exempting the first $25,000 of income would be better. #CanadaGroceriesBenefit #GSTCredit #CostOfLiving #TaxRelief #Groceries

Carney unveils boost to GST credit as Parliament resumes With Parliament resuming after the winter break, Prime Minister Mark Carney has unveiled a boost to the GST credit as part of a suite of new affordability measures.

OTTAWA: “The quarterly GST payments will see an increase of 25 per cent over the next five years beginning this July, and will also include a one-time top-up of 50 per cent this year.” www.ctvnews.ca/politics/art... - CTV News

#CDNPoli #CanadaGroceriesandEssentialsBenefit #FoodSecurity #GSTCredit

The #GSTcredit is now the #CanadaGroceries and #EssentialsBenefit – boosted by 25% for 5 years starting July, PLUS a one-time 50% top-up this year (in June)!

Federal government to introduce grocery rebate: sources | CBC News Prime Minister Mark Carney is set to announce an increase to the GST credit on Monday, as part of a larger suite of affordability measures intended to offset the rising cost of groceries.

Prime Minister Mark #Carney is set to announce an #increase to the #GSTcredit on Monday, as part of a larger suite of affordability measures intended to offset the rising cost of #groceries.
www.cbc.ca/news/politic...

Canada Launches 25% GST Credit Increase to Aid 12 Million Amid Inflation Canada boosts GST credit by 25% to aid 12M Canadians facing inflation. Families may receive up to $800 extra this year.

Canada Launches 25% GST Credit Increase to Aid 12 Million Amid Inflation

Read more: 👇
www.thecanadareport.ca/featured/canada-gst-cred...

#canada #gstcredit #inflationrelief #financialaid #familysupport #economicpolicy #taxrelief

Carney announces GST credit top-up, affordability measures as Parliament reopens | CBC

👇🇨🇦 "Carney announces GST credit top-up, affordability measures as Parliament reopens"
#PMCarney #GSTCredit

As Parliament resumes, PM Mark Carney announced a boost to the GST credit under the new Canada Groceries and Essentials Benefit. Payments rise 25% over five years, with a one-time 50% top-up in June. A family of four could receive up to $1,890 this year.
#cdnpoli #Affordability #GSTCredit

#GSTaxBreaks benefit the largest spenders most, meaning the millionaires get the biggest benefits.

While trickle-down asks the rich to spend more, trickle-up efforts, such as #GSTCredit refunds trusts everyday people to spend better— like how COVID cheques put 88% of the money back into the economy