By Gazette Staff
January 25th, 2026
BURLINGTON, ON
If we can make it to July there will be financial sunshine for most Canadians
Having solved economic issues at the world level and managed to keep most of the provinces happy, Prime Minister Mark Carney is set to announce changes in the GST credit paid out to most Canadians.
The Toronto Star has reported that Carney will take a stab at resetting his domestic agenda Monday with an affordability announcement that will include generous top-ups to the GST credit this summer, impacting approximately 12 million Canadians.
Carney is set to announce that the quarterly GST payments will increase in July by 25 per cent over the next five years — providing approximately an additional $130 for a low-income single person and $270 for a couple with two kids for the 2026-2027 benefit year.
The government will also provide a one-time special payment in June, equal to a 50 per cent increase in the value of the GST credit, meaning a family with two kids could receive more than $800 in combined relief.
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