Legislation to implement the Liberal government’s 25 percent boost to the GST credit has received royal assent and become law, following an expedited passage through the House of Commons.
Bill C-19, also known as the Canada Groceries and Essentials Benefit Act, amends the Income Tax Act to increase the maximum annual GST credit amounts by 50 percent for the 2025-2026 fiscal year, and by 25 percent for the following five years. Approximately 12 million Canadians are eligible for the credit.
