Prime Minister of Canada

Prime Minister Carney announces new measures to make groceries and other essentials more affordable for Canadians

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Carney unveils boost to GST credit as Parliament resumes

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How do Carneys GST rebate and other measures help Canadians with the rising cost of groceries?

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Canadian PM Carney unveils multibillion-dollar push to lower food costs

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"I am announcing today common sense Conservatives will reverse last June’s Liberal tax hike on capital gains—a tax economists agree will kill 400,000 jobs."

"Canada will increase its capital gains taxes by effectively about 30% higher tax."

"We are very committed to the capital gains measures that we put forward in the budget."

Will the Capital Gains Tax in Canada Be Raised?

Canadian Prime Minister Mark Carney announced a multi-billion-dollar suite of affordability measures on Monday, designed to reduce the cost of living and grocery prices for Canadians on lower incomes.

Canadian Prime Minister Mark Carney announced a multi-billion-dollar suite of affordability measures on Monday, designed to reduce the cost of living and grocery prices for Canadians on lower incomes.

Chief among the new initiatives was that the government would increase the existing Goods and Services Tax (GST) credit by 25% over the next five years under a new scheme titled the Canada Groceries and Essentials Benefit, which will be topped up through a one-off payment to 50% in 2026.

Chief among the new initiatives was that the government would increase the existing Goods and Services Tax (GST) credit by 25% over the next five years under a new scheme titled the Canada Groceries and Essentials Benefit, which will be topped up through a one-off payment to 50% in 2026.

According to Carney, a family of four will receive C$1,890 ($1,378.82) in credit in 2026 and C$1,400 in credit thereafter for each of the next four years under the new benefit, an increase from the C$1,100 per year under the current GST system.

According to Carney, a family of four will receive C$1,890 ($1,378.82) in credit in 2026 and C$1,400 in credit thereafter for each of the next four years under the new benefit, an increase from the C$1,100 per year under the current GST system.

Despite criticizing the grocery credit as a "Trudeau-era rebate" that was insufficient to tackle rising food prices, Canadian Conservative Party Leader Pierre Poilievre confirmed in Parliament that his party would not oppose the measure.

CBC News

Despite criticizing the grocery credit as a "Trudeau-era rebate" that was insufficient to tackle rising food prices, Canadian Conservative Party Leader Pierre Poilievre confirmed in Parliament that his party would not oppose the measure.

Carney also revealed that the government will allocate C$500 million from the Strategic Response Fund to help food businesses expand capacity and increase productivity, and C$150 million through the Regional Tariff Response Initiative to strengthen supply chains.

Carney also revealed that the government will allocate C$500 million from the Strategic Response Fund to help food businesses expand capacity and increase productivity, and C$150 million through the Regional Tariff Response Initiative to strengthen supply chains.

In addition, the government will introduce expensing for greenhouse buildings acquired on or after November 4, 2025, to encourage domestic food production. Separately, the government will invest C$20 million in the Local Food Infrastructure Fund to support food banks and other community food programs.

In addition, the government will introduce expensing for greenhouse buildings acquired on or after November 4, 2025, to encourage domestic food production. Separately, the government will invest C$20 million in the Local Food Infrastructure Fund to support food banks and other community food programs.

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Prime Minister Mark Carney announced the Canada Groceries and Essentials Benefit, which increases the existing GST credit by 25 percent over five years and includes a one-time 50 percent top-up in 2025. A family of four will receive up to $1,890 this year compared to $1,100 previously.

Prime Minister Mark Carney announced the Canada Groceries and Essentials Benefit, which increases the existing GST credit by 25 percent over five years and includes a one-time 50 percent top-up in 2025. A family of four will receive up to $1,890 this year compared to $1,100 previously.

The benefit will impact more than 12 million Canadians, with single individuals receiving up to $950 this year compared to $540 under the existing credit. Conservative Leader Pierre Poilievre said his party would support the rebate despite calling it a recycled policy.

The benefit will impact more than 12 million Canadians, with single individuals receiving up to $950 this year compared to $540 under the existing credit. Conservative Leader Pierre Poilievre said his party would support the rebate despite calling it a recycled policy.

The government allocated $500 million from the Strategic Response Fund to help food businesses expand capacity and increase productivity, along with $150 million through the Regional Tariff Response Initiative for small and medium enterprises to address supply chain disruptions.

The government allocated $500 million from the Strategic Response Fund to help food businesses expand capacity and increase productivity, along with $150 million through the Regional Tariff Response Initiative for small and medium enterprises to address supply chain disruptions.

Statistics Canada reported that food prices rose 5 percent in December year over year, with coffee up 30.8 percent and beef up 16.8 percent. Carney stated that orange juice is up 12 percent year-over-year, ground beef is up 19 percent, and coffee and tea are up by 24 percent.

Statistics Canada reported that food prices rose 5 percent in December year over year, with coffee up 30.8 percent and beef up 16.8 percent. Carney stated that orange juice is up 12 percent year-over-year, ground beef is up 19 percent, and coffee and tea are up by 24 percent.

The government is introducing immediate expensing for greenhouse buildings acquired on or after November 4, 2025, to encourage investment in domestic food production. A $20 million top-up to the Local Food Infrastructure Fund will support community food programs and food banks.

The government is introducing immediate expensing for greenhouse buildings acquired on or after November 4, 2025, to encourage investment in domestic food production. A $20 million top-up to the Local Food Infrastructure Fund will support community food programs and food banks.

Nanos Research polling showed jobs and the economy as the most important issue for Canadians at 18.3 percent, followed by U.S. relations at 13.4 percent and inflation at just under 10 percent. The Liberals lead with 38.8 percent support compared to the Conservatives at 34.8 percent.

Nanos Research polling showed jobs and the economy as the most important issue for Canadians at 18.3 percent, followed by U.S. relations at 13.4 percent and inflation at just under 10 percent. The Liberals lead with 38.8 percent support compared to the Conservatives at 34.8 percent.

Boosting the GST Credit by 25% for five years delivers real relief to over 12 million Canadians struggling with food costs right now. A family of four will receive up to $1,890 this year instead of $1,100, directly offsetting pandemic-driven price increases on essentials. Combined with investments in domestic food production and supply chain resilience, this benefit bridges immediate needs while building long-term food security.

Boosting the GST Credit by 25% for five years delivers real relief to over 12 million Canadians struggling with food costs right now. A family of four will receive up to $1,890 this year instead of $1,100, directly offsetting pandemic-driven price increases on essentials. Combined with investments in domestic food production and supply chain resilience, this benefit bridges immediate needs while building long-term food security.

Reviving a Trudeau-era rebate won't fix the affordability crisis when families are spending over $17,000 annually on groceries. Canadian food prices are rising the fastest in the G7 after a year of inflationary deficits and rising fuel taxes on farmers and truckers. A one-time temporary payment barely covers a single grocery trip and ignores the permanent damage done to household budgets.

Reviving a Trudeau-era rebate won't fix the affordability crisis when families are spending over $17,000 annually on groceries. Canadian food prices are rising the fastest in the G7 after a year of inflationary deficits and rising fuel taxes on farmers and truckers. A one-time temporary payment barely covers a single grocery trip and ignores the permanent damage done to household budgets.

Andrew Scheer

Canada Boosts GST Credit 25% to Combat Rising Food Costs

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Canadians are facing an affordability crisis, which is why the Liberal government has introduced a series of measures to tackle the cost of living. These investments, ranging from tax credits to support for businesses and food banks, will lower prices, strengthen supply chains and increase domestic production, providing both immediate action and long-term food security.

Canadians are facing an affordability crisis, which is why the Liberal government has introduced a series of measures to tackle the cost of living. These investments, ranging from tax credits to support for businesses and food banks, will lower prices, strengthen supply chains and increase domestic production, providing both immediate action and long-term food security.

Carney's measures will fail to make any impact on the cost-of-living crisis that his party, through its taxes and regulations, created. How will his proposed tax credits put a dent in the over C$17,000 annually that a Canadian family of four has to pay in groceries? The truth is that they cannot, nor can the Liberals reverse the permanent damage they have done to household budgets.

Carney's measures will fail to make any impact on the cost-of-living crisis that his party, through its taxes and regulations, created. How will his proposed tax credits put a dent in the over C$17,000 annually that a Canadian family of four has to pay in groceries? The truth is that they cannot, nor can the Liberals reverse the permanent damage they have done to household budgets.

Canada Announces Measures to Combat Rising Food Costs

Canada BoostsAnnounces GSTMeasures Credit 25% to Combat Rising Food Costs

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