The Government of Canada provides one time grocery rebate to the citizens of Canada for financial assistance. As the Inflation touches the sky, Canadians have difficulty in purchasing fundamental items like food, dairy products, and vegetables. The main purpose of Grocery Rebate Canada 2024 is to provide eligible candidates financial assistance. If you also want to take grocery rebates to your home then read the full article below.
Grocery Rebate Canada 2024
The Government of Canada implemented this grocery rebate in July 2023 to support the low income people. The first time Canada rebate was issued on July 5, 2023. There is no official communication released by the Government of Canada for Grocery Rebate 2024. As per the last schedule we can expect the payment in July, 2024. The payment is directly sent to the eligible candidate account. For more updates and communication candidates can visit the official webpage www.canada.ca.
| Title | Grocery Rebate 2024 |
| Country | Canada |
| Year | 2024 |
| Agency | CRA (Canada Revenue Agency) |
| Canada Grocery Rebate Amount 2024 | $234 to $628 |
| Objective | Financial Assistance |
| Payment Mode | Online |
| Official webpage | www.canada.ca |
Canada Grocery Rebate Eligibility 2024
The following are certain criteria which should be followed to be eligible for the Grocery Rebate 2024. The candidate need to fulfil all these requirements:
- The seeker of the rebate must be a resident of Canada.
- The candidate should be 19 years old or more.
- If the candidate is below 19 years old, he/she must live with a spouse, common law partner or parents.
- The candidate should not be in prison for more than 90 days.
Grocery Rebate Canada 2024 Payment Amount
According to the last schedule we can expect these payment amounts in 2024. There is no official communication made for the Canada Grocery Rebate Amount 2024. Refer to the official webpage www.canada.ca for the updates about payment amount. We provide the tentative amount based on the previous schedules.
| Number of Children | Single | Married |
| No Children | $234 | $306 |
| 1 Child | $387 | $387 |
| 2 Child | $467 | $467 |
| 3 Child | $548 | $548 |
| 4 Child | $628 | $628 |
Grocery Rebate Canada 2024 Payment Date
Based on the previous schedule we can expect the payment date for grocery rebate on 5th July, 2024. But we can’t confirm this as it is based on the last schedule. There is no official communication made for the payment date. Refer to the official webpage www.canada.ca for the updates about payment date. 5th July, 2024 is the tentative date for Grocery Rebate.
Grocery Rebate Canada 2024 Payment Calculator
The following is the format table for the calculation of the Grocery Rebate. The candidates who meet the Canada Grocery Rebate Eligibility 2024 can refer to this table to calculate their Amount.
| Particulars | Canada Grocery Rebate Amount 2024 |
| Base credit to Calculate | I $306 |
| Common law Partner Credit | II $ |
| Eligible dependent Credit | III $ |
| Eligible Children Credit ($161for each)($161 * Number of Children) | IV $ |
| Calculation of Additional Credit | |
| Adjusted Net Income of family (Follows only if II is 0) | V $ |
| Base Amount | VI $9,919 |
| V-VI (If result is negative then write 0) | VII $ |
| Additional Credit(Choose $161 or 2% Of VII Whichever is minimum) | VIII $ |
| Total (I,II,III,IV, And VIII) | IX $ |
| Calculation of credit reduction | |
| Adjusted Net Income of the Family | X $ |
| Base Amount | XI $39,826 |
| X-XI (If result is negative then write 0) | XII $ |
| Calculate 5% of XII | XIII $ |
| Yearly Credit (IX-XIII) | XIV $ |
| Rebate Grocery Amount (XIV divide by II) | XV $ |
Canada Grocery Rebate Benefit 2024
Individuals might reap several benefits from Canada Grocery Rebate 2024. These benefits are as follows:
- Grocery Rebate can provide financial assistance to the citizens of Canada. This benefit is only reap by the residents of canada only.
- Low- income individuals can purchase grocery items easily.
- It can provide relief from the inflated prices. At affordable prices the individuals can purchase the grocery items.
Grocery Rebate 2024 Fact Check
Grocery Rebate is provided by the Canada Government to the candidates to assist them financially. They provide financial support to offset the fundamental expenditure related to groceries such as food, vegetables. There is no official disclosure about the payment date, payment amount. So, it is suggested to land on the official webpage www.canada.ca . Consistently it is advisable to keep check on updates and notifications. We give you data based on previous schedules and amounts.
Link to Keep eye on Canada Grocery Rebate 2024
| Canada Grocery Rebate Payment Date 2024 | canada.ca |
FAQ On Grocery Rebate Canada 2024
The Government of Canada provides one time grocery rebate to the citizens of canada for financial assistance. As the Inflation touches the sky, Canadians have difficulty in purchasing fundamental items like food, dairy products, and vegetables.
Based on the previous schedule we can expect the Canada Grocery Rebate Payment Date 2024 is 5th July, 2024. But we can’t confirm this as this is per last schedule.
The payment amount for Canada Grocery Rebate 2024 is expected from $234 to $628.
Giorgio Smith, a Texan native, is a seasoned senior editor at tnpscexams.net. He has done Master of Business Administration in Finance. he boasts over 9 years of experience in finance. Giorgio expertise is in finance, insurance, and money-related content.