Canada Announces GST Payment Increase – Everything You Need to Know for July 2025
In a welcomed move to support low- and modest-income Canadians facing inflation pressures, the federal government has confirmed a new GST payment hike scheduled for July 2025. The Goods and Services Tax (GST) Credit, which helps offset the burden of GST and HST, is seeing a boost this year as part of the government’s cost-of-living strategy outlined in Budget 2024. … Read more