Minister Hutchings highlights government's plan to double the GST credit
Today, the Honourable Gudie Hutchings, Minister of Rural Economic Development, highlighted the Government of Canada's plan to double the GST credit in the form of a one-time payment.
- Today, the Honourable Gudie Hutchings, Minister of Rural Economic Development, highlighted the Government of Canada's plan to double the GST credit in the form of a one-time payment.
- Starting November4,2022, an estimated 11 million low- and modest-income Canadians who currently receive the GST credit will automatically receive an additional payment.
- As of last Friday, an estimated 11 million Canadians have begun to receive an additional GST credit payment.
- This payment, equivalent to doubling the GST credit, will provide $2.5 billion in additional targeted support.