Canada's new one-time grocery benefit hit millions of bank accounts on Friday. But some Canadians are skeptical of how much it will help.
TORONTO β For Sylvie GagnΓ©, peppers, tomatoes, and lettuce growing in her backyard offer some relief from the pressure of grocery bills that have climbed sharply since 2019.
βItβs nice to have fresh stuff and just going into the back yard to get it,β she said. βIt also teaches the kids and the rest of the family how much work goes into growing food.β
Grocery prices have soared by roughly 30 per cent since 2019, according to a report from TD Bank. To address those soaring costs, Ottawa unveiled the Canada Groceries and Essentials Benefit earlier this year, a revamped version of the GST/HST credit that includes a one-time top-up, which began going out Friday.
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