How’re you all gonna spend your newfound fortunes? This week, the federal government will return a small portion of some Canadians’ hard-earned tax dollars to their bank accounts. The Liberals are calling the move a one-time “Grocery Rebate,” supposedly meant to make up for higher food prices caused by inflation.
However, in practice, the payment has no real connection to grocery prices or the soaring cost of living. It’s essentially a GST/HST credit top up, branded to make it look like the Liberals aren’t entirely tone deaf to the immense financial pressures felt by many Canadians. Yet the effort is such a feeble one, it reveals them to be exactly that.
To qualify for the rebate, Canadians must either have a household income of $38,000 or less, or an individual income of less than $32,000.
***For context, a minimum wage employee who earns $15 per hour and works 40 hours per week makes $31,200 annually.***
Most Canadians won’t be eligible for what little financial relief the rebate offers — and it is incredibly little.
The maximum payout for a person with no children is $234, while a couple with four children could max out at $628. Broken down, that’s $104 per family member. Keep in mind these are the maximum payouts Liberals like to tout in the press; many, if not most, recipients will receive smaller amounts.
apple.news
(Rest at the above link, etc….The Grocery Rebate may make good content for Liberal MPs’ social media accounts and the summer barbecue circuit, but it shouldn’t be mistaken for anything resembling effective fiscal policy.)
However, in practice, the payment has no real connection to grocery prices or the soaring cost of living. It’s essentially a GST/HST credit top up, branded to make it look like the Liberals aren’t entirely tone deaf to the immense financial pressures felt by many Canadians. Yet the effort is such a feeble one, it reveals them to be exactly that.
To qualify for the rebate, Canadians must either have a household income of $38,000 or less, or an individual income of less than $32,000.
***For context, a minimum wage employee who earns $15 per hour and works 40 hours per week makes $31,200 annually.***
Most Canadians won’t be eligible for what little financial relief the rebate offers — and it is incredibly little.
The maximum payout for a person with no children is $234, while a couple with four children could max out at $628. Broken down, that’s $104 per family member. Keep in mind these are the maximum payouts Liberals like to tout in the press; many, if not most, recipients will receive smaller amounts.
Sabrina Maddeaux: 'Grocery Rebate' good for little more than Liberal party tweets — National Post
Most Canadians won’t be eligible for what little financial relief the rebate offers
(Rest at the above link, etc….The Grocery Rebate may make good content for Liberal MPs’ social media accounts and the summer barbecue circuit, but it shouldn’t be mistaken for anything resembling effective fiscal policy.)
