Who Qualifies for the 2024 Canada Grocery Rebate?

Payment Rebates for Grocery:

The Grocery Rebate Payment program was introduced by the Canadian government to compensate for the increased grocery prices that Canadians are currently facing due to inflation. When the Budget 2023 was unveiled, it assisted 11 million eligible Canadians in receiving inflation relief.

The government announced that families in Canada with low to moderate earnings will be qualified for the refund. The direct deposit or check delivery is being handled by the Canada Revenue Agency (CRA). It will only be made once, as the government has said, and paid once a year.

So, stick with us on this page if you’re a Canadian who’s having trouble keeping up with the rates of food inflation that keep rising. You might get a Grocery Rebate payment in 2024 as well as your GST/HST credit if you choose to participate in this plan.

What is the Plan for Grocery Rebates?

Grocery costs may increase by up to 7% shortly, according to the Food Price Report 2023 for Canada. This suggests that a Canadian family of four will spend more than $15,000 on food annually. Because this hike would have a significant impact on low-income Canadian households, the government developed the Grocery Rebate scheme in the summer of 2023.

For Canadians with lower incomes who are finding it difficult to keep up with rising food prices, the federal government gives a one-time payment known as the Grocery Rebate. Prime Minister Justin Trudeau of Canada stated that the program is meant to help individuals who are “hardest hit by rising food prices.” To check if you have received the refund amount deposited to your account, you must log into your CRA account.

Payment Date for Grocery Rebates:

Title: Payment for Grocery Rebates
Nation: Canada
The Canada Revenue Agency is regulated.
Goal: To assist in managing the growing cost of food.
Date of Rebate Payment in 2024: Aiming for July 2024
Range of Rebate Amount: $225–$628
CRA Website in its entirety: https://www.canada.ca

Amount of the Grocery Rebate Payment:

The amount of your 2024 payment will depend on your financial situation as of January 2024 and your 2022 adjusted family net income. It will also take into account if you have children and whether you are married.

Typically, the rebate is configured to provide the following:

For unmarried couples: $306
For singles and couples with a single child: $387
For singles and couples with two children: $467
For individuals and couples with three children: $548
For singles and couples with four children: $628
Those without children: $234
Seniors: $255

The fact that you will get a decrease in payments if your net income on your tax return exceeds $39,826 is noteworthy. Generally speaking, your January 2023 GST/HST credit will be doubled by the amount of the grocery rebate.

Eligibility for Grocery Rebate Payment:

Grocery Rebate payments are subject to certain qualifying restrictions, just like any other government program. so that only the nation’s eligible and indigent citizens receive the benefits.

Here is a list of some crucial qualifying conditions.

You are eligible for this credit if you are considered a resident of Canada for income tax reasons.
The food refund is available to Canadians who earn $38,000 or less annually for a family or $32,000 or less for an individual.
The Grocery Rebate is contingent upon your tax return, therefore filing is required to be eligible.
The Grocery Rebate will be given to those in January 2024 who qualify for the GST/HST credit.

The CRA will determine your eligibility automatically and credit your account with the benefit amount as soon as you meet this requirement. The payment will be processed in the same way as your GST/HST credit.

Payment of the Grocery Rebate in 2024?

The Grocery Rebate is part of the next regularly scheduled GST/HST credit payment that is planned for the following year. This supplementary payment will be available to Canadian families and individuals with low to modest earnings. Since the grocery rebate was paid on July 5, 2023, we anticipate that payment will occur on the same day in 2024.

You don’t need to fill out an application to receive the grocery rebate. If the qualifying beneficiaries’ 2022 income tax and benefit return has been filed, the one-time payment will be issued automatically to them. This is expected as the refund was paid out in 2023 using the returns from 2021.