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Expect GST payments to go out this Friday

Prime Minister Justin Trudeau confirms doubled GST payments to go out this Friday.
Canadian Money
More rebate money will be in the hands of Canadians this week.

OTTAWA — Those anticipating their doubled-GST payments got some good news from Prime Minister Justin Trudeau Monday.

The prime minister has confirmed on Twitter that the payments will be going out later this week. His post states the following:

“To help you pay the bills, we’re doubling the GST tax credit for six months for 11 million households. Single Canadians without kids will get up to $234 more, couples with two kids will get up to $467 more and seniors will get $225 more on average. Payments start going out Friday.”

Last month, parliament passed Bill C-30 which temporarily doubles the tax credit for low and modest income Canadians for six months. The bill is aimed at helping address affordability issues, with the additional tax credit payment falling outside the regular GST tax credit payments in October.

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