Adsterra Popunder

Friday, 12 May 2023

Canadians to Receive Grocery Rebate in July: What You Need to Know

 In a welcome relief for cash-strapped Canadians the federal government has announced that eligible households will receive a grocery rebate in July. The one-time payment is part of the government's effort to ease the burden of rising food prices and supply chain disruptions caused by the COVID-19 pandemic.



According to the government, the rebate will amount to $375 per household, on average. The payment will be made automatically to eligible households based on their 2020 income tax return. However, there are some things you can do to ensure that you receive the rebate.


First and foremost, make sure that you file your 2020 income tax return on time. The deadline for most Canadians to file their return is April 30, 2021. If you miss the deadline, you may face penalties and interest charges, and you may also delay the processing of your rebate.


Secondly, ensure that your contact information, including your mailing address and email address, is up to date with the Canada Revenue Agency (CRA). The CRA will use this information to communicate with you about your rebate and to send you the payment.


If you have recently moved or changed your contact information, you can update it online through the CRA's My Account service. 

You can also call the CRA's individual tax enquiries line at 1-800-959-8281 to update your information.


Lastly, be aware of potential scams related to the grocery rebate. The government has warned Canadians to be cautious of unsolicited phone calls, emails, or text messages that ask for personal or financial information, or that promise to expedite the payment of the rebate for a fee. 

The government will not ask for your personal or financial information over the phone or by email, and there is no need to pay a fee to receive the rebate.

It's important to note that not all households will be eligible for the grocery rebate. According to the government, households with a net income of up to $150,000 will be eligible for the full rebate, while households with a net income between $150,000 and $214,000 will receive a partial rebate. Those with a net income above $214,000 will not be eligible.


Additionally the rebate is intended to help cover the cost of food, so it is important to keep in mind that it may not cover all of your grocery expenses. You may still need to budget and plan accordingly to make the most of the rebate.


It's also worth noting that the grocery rebate is not the only form of financial support available to Canadians during the pandemic. If you are facing financial hardship there may be other programs and benefits that you're eligible for, such as the Canada Emergency Response Benefit (CERB), the Canada Recovery Benefit (CRB), or the Canada Child Benefit (CCB). You can visit the government's COVID-19 Economic Response Plan web site for more information and to see if you qualify for any of these programs.


In conclusion, while the grocery rebate is a welcome relief for Canadians, it's important to stay informed and vigilant in order to ensure that you receive it. By keeping your information up to date with the CRA, filing your income tax return on time, and being aware of potential scams, you can maximize your chances of receiving the rebate and use it to help alleviate the financial pressures caused by the pandemic.


No comments:

Post a Comment

Adsterra Native Banner

Adsterra Banner