Prime Minister Justin Trudeau highlighted the new one-time Grocery Rebate proposed in Budget 2023—A Made-in-Canada Plan: Strong Middle Class, Affordable Economy, Healthy Future. This targeted inflation relief has been designed to help support the Canadians hardest hit by rising food prices.
The Grocery Rebate would help approximately 11 million low- and modest-income Canadians and families across the country. This would mean a one-time payment of up to an extra $467 for eligible couples with two children; up to an extra $234 for single Canadians without children; and an extra $225 for seniors, on average. The rebate is part of a suite of measures proposed in Budget 2023 to help make life more affordable for Canadians, including cracking down on predatory lending, providing more support for students, and lowering credit card transaction fees for small businesses.
Budget 2023 lays out the federal government’s plan to keep supporting Canadian families and build a stronger, more sustainable, and more secure economy for everyone.
“With grocery prices on the rise, we’re putting more money back into the pockets of Canadians who need it most, when they need it most. The new Grocery Rebate, and the other measures we’ve put forward in Budget 2023, will help build an economy that works for everyone, where every Canadian family can afford to put food on the table.” Justin Trudeau, Prime Minister of Canada