Department of Finance Canada announced household affordability measures.
Canadians who have claimed tax credits for Canada Pension Plan/Quebec Pension Plan contributions or for Employment Insurance (EI) or Quebec Parental Insurance Plan (QPIP) premiums, and those who reported income from EI or QPIP benefits, with individual net income below $150,000 in 2023, would be eligible for the Working Canadians Rebate.
The Canada Carbon Rebate for Small Businesses is delivering over $2.5 billion in tax-free payments to about 600,000 Canadian businesses by returning fuel charge proceeds from 2019-20 through 2023-24.
The Working Canadians Rebate will give 18.7 million Canadians, including an estimated 965,000 working seniors, the extra support to buy what they need.
A family spending $2,000 on qualifying goods, such as children's clothing, shoes and toys, diapers, books, snacks for the house, or restaurant meals would pay $100 less GST over the two-month period.