Eligible Canadians might be waking up to a bit of extra cash in their bank account this morning.
Earlier this year, Ottawa announced a one-time GST/HST top-up in efforts to help offset the high cost of everyday essentials.
The payment is worth 50 per cent of one’s annual credit and does not take provincial funds into account.
Starting next month, the GST/HST credit will be replaced by the Canada Groceries and Essentials Benefit and will continue to be issued on a quarterly basis.
