Introduction to Grocery Rebate 2024
According to sources, the people of Ontario, Canada will receive Grocery Rebate in October 2024 of $628. The rebate is intended to provide assistance in availing food essentials and other requirements such as medicine, household, etc.
The amount of $628 is one time payment in a year, specifically in October 2024. The article provides detailed information on the $628 Grocery Rebate in October 2024 in Canada with Eligibility, schedule and how to get the benefit.
What is a $628 Grocery Rebate in October 2024?
The amount of $628 Grocery Rebate in October 2024 is a one time financial assistance provided by Canadian Revenue Agency to the locals of Ontario, Canada. The funds are deposited in the accounts of locals whose income are low and faces issues to avail groceries items of high prices.
$628 is provided to meet food and daily expenses in the condition of inflation in Canada. The range varies from $225 to $628, according to eligibility. The rebate is available to help citizens who file GST and GST taxes. The motive of one time rebate is to combat inflation and high expenses.
Meaning of Grocery Budget
The Ontario Grocery Rebate is intended to provide reimbursement for food purchases.
● It’s a one time rebate provided, once a year, especially in October.
● As prices go up, rebates increase.
● Amount received depends upon income and number of children, including marital status.
● CRA manages the rebate which is linked to GST and GST return filing in January, and is twice the credit amount.
Eligibility for the payment
● The recipient must be above 19 years.
● The range of income criteria is $45,000 to $65,000.
● One must receive GST/ HST credit.
● Though payment will not be made in October, check updates on My Service Canada.
● Grocery Rebate amount criteria are as follows:
Individuals without children | $234 |
Individuals with one child | $387 |
Individuals with 2 children | $467 |
Individuals with 3 children | $548 |
Individuals with 4 children | $628 |
Couples without children | $306 |
Couples with one child | $387 |
Couples with 2 children | $467 |
Couples with 3 children | $548 |
Couples with 4 children | $628 |
Payment Schedule for $628
● The one time payment of $628 will already be made in July 2024, not in October.
● CRA will pay through check or bank deposit.
● For ease in delivery, make sure bank details are updated
● On the arrival of GST/ HST credit, there is no need to apply for a rebate.
● Rebates depend upon family size and income.
How to claim the Grocery Rebate?
● Open CRA’s My Account Service for verifying if you are eligible to receive rebate @ https://www.canada.ca/.
● Under Grocery Rebate Payment section , tap on $628 Grocery Rebate Check status
● If there is a delay in payment, then wait for 10 days.
● Otherwise contact 1-888-863-8662 for help.
Conclusion
The Grocery Rebate of $628, provided every year is a one time payment system. The payment is made by CRA who works for the benefits of Canadian citizens. The amount is meant to provide financial relief in grocery shopping at times of economic crises.