Finance

$628 Grocery Rebate in Canada 2024: Key Announcements and How to Check Status

The $628 Grocery Rebate for 2024 is a one-time financial support initiative from the Canadian government, aimed at helping low- and middle-income families manage rising grocery prices. Eligible individuals can receive up to CAD 628, depending on their family size and income. Ensure you’ve filed your tax returns and check your eligibility status through the CRA’s My Account service.

By Anjali Tamta
Published on
$628 Grocery Rebate in Canada 2024 Coming
$628 Grocery Rebate in Canada 2024 Coming

In 2024, the Canadian government continues its effort to support low- and middle-income families with the Grocery Rebate, which provides financial assistance to offset rising food costs. As grocery prices remain high due to inflation, this rebate serves as a vital lifeline for millions of Canadians struggling to meet basic needs. Here’s a comprehensive guide on the rebate, eligibility criteria, and how to check your payment status.

What is the $628 Grocery Rebate?

The $628 Grocery Rebate is a one-time payment designed to support Canadians facing higher living costs. The rebate, administered by the Canada Revenue Agency (CRA), is tied to the Goods and Services Tax (GST) and Harmonized Sales Tax (HST) credit system. For eligible recipients, the amount of the rebate is typically double the value of their GST/HST credit from January 2023, and it is automatically deposited into their accounts.

This rebate is a continuation of the government’s strategy from 2023, with a new payment expected in 2024 for those who meet the eligibility requirements. This initiative is expected to reach over 12 million Canadians in 2024, providing essential financial relief as inflation continues to impact grocery prices.

$628 Grocery Rebate in Canada 2024

The $628 Grocery Rebate is a critical measure introduced by the Canadian government to help citizens cope with inflation and rising grocery costs. If you’re eligible, make sure your tax information is up-to-date, and keep an eye on the CRA website for payment announcements. This financial relief could make a significant difference in managing household expenses in 2024.

DetailsDescription
EligibilityMust be a legal resident of Canada, aged 19 or older, with an income below set thresholds
Income Limit for IndividualsLess than CAD 45,000 annually
Income Limit for FamiliesLess than CAD 65,000 annually
Maximum Rebate AmountUp to CAD 628 (varies based on family size and income)
Payment DateExpected August/September 2024 (confirm exact date on the CRA website)
How to ClaimAutomatically credited if eligible, check status via CRA’s My Account portal
Official Website for UpdatesCanada Revenue Agency

Eligibility Criteria for $628 Grocery Rebate in Canada 2024

To qualify for the Grocery Rebate in 2024, you must meet several important conditions:

  1. Canadian Residency: You must be a legal resident of Canada when the payment is issued.
  2. Age: You must be at least 19 years old by the payment date.
  3. Income: Your adjusted family net income should not exceed CAD 65,000, and for single individuals, it must be under CAD 45,000.
  4. Tax Filing: You must have filed your 2021 and 2022 tax returns by the CRA’s April 2024 deadline to be eligible. Even if you have no income, you still need to file a return.

These criteria ensure that the rebate is directed to those who need it most, such as low- and middle-income individuals and families who already receive the GST/HST credit.

Payment Amounts

The exact amount of the Grocery Rebate depends on your family size and income. Below is a breakdown of the maximum amounts you could receive:

  • Single, no children: CAD 234
  • Single, 1 child: CAD 387
  • Single, 2 children: CAD 467
  • Single, 3 children: CAD 548
  • Single, 4 children: CAD 628
  • Married/common-law, no children: CAD 306
  • Married/common-law, 1 child: CAD 387
  • Married/common-law, 2 children: CAD 467
  • Married/common-law, 3 children: CAD 548
  • Married/common-law, 4 children: CAD 628

These payments are automatically issued by the CRA and are based on your GST/HST credit eligibility.

No Credit Check Instant Loan Canada – Bad Credit Score? Don’t Worry, Get upto $50,000 loan in 24 hrs

Next Advanced Canada Workers Benefit (ACWB) Coming on this Date – Check Eligibility & Amount

Canada Gas Price Increase 2024 – Check Latest Price Hike Amount & Reason

How to Check Grocery Rebate in Canada 2024

To verify your eligibility or check the status of your payment, you can use the CRA’s My Account service. Here’s how:

  1. Log in to your CRA My Account: Visit canada.ca and access your account.
  2. Check payment status: Navigate to the Grocery Rebate Payment section and select “Check Status.”
  3. Contact CRA: If your payment does not arrive by the expected date, wait 10 business days before reaching out to the CRA. You can contact them at 1-888-863-8662 for assistance.

FAQs

1. When will I receive my rebate?

The payment date is expected in late August or early September 2024. Exact dates will be announced on the CRA website.

2. Do I need to apply for the rebate?

No, if you are eligible, the CRA will automatically credit the rebate to your account. Ensure your tax returns are up-to-date.

3. What if I don’t receive my payment?

If your payment hasn’t arrived 10 days after the expected date, log into your CRA account to check the status or call CRA for assistance.

4. Is the rebate taxable?

No, the Grocery Rebate is tax-free and does not affect your other benefits.

5. Can newcomers to Canada receive a rebate?

Yes, newcomers who meet the residency and income criteria may be eligible. They must also ensure their tax returns are filed on time.

Author
Anjali Tamta
Hey there! I'm Anjali Tamta, hailing from the beautiful city of Dehradun. Writing and sharing knowledge are my passions. Through my contributions, I aim to provide valuable insights and information to our audience. Stay tuned as I continue to bring my expertise to our platform, enriching our content with my love for writing and sharing knowledge. I invite you to delve deeper into my articles. Follow me on Instagram for more insights and updates. Looking forward to sharing more with you!

Leave a Comment