Feds to announce details of cost-of-living help for low, modest-income Canadians

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Feds to announce details of cost-of-living help for low, modest-income Canadians
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SAINT ANDREWS, N.B. — Liberal cabinet ministers said Tuesday the federal government is listening to Canadians who are struggling under the weight of inflation…

That includes doubling GST rebate payments for six months, the first phase of a national dental care program and a one-time $500 rental allowance payment for low-income Canadians who are paying a big chunk of their income on rent.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

The three measures will cost $4.6 billion, though some of the money for dental care and the housing allowance was included in the last federal budget. Parents with kids under 12 who have a household income below $90,000 will be able to apply to get up to $650 per child to cover dental care bills, both this year and next. The government estimates the dental care help, which will eventually morph into a permanent dental care program for all Canadians, will affect 500,000 kids and cost $938 million this year and next.

Singh said the government can easily pay for the programs, noting inflation has led to a federal windfall in GST revenue. The federal government collected $15 billion more in GST in 2021-22 compared to the year before, and saw a year-over-year increase of $3.3 billion in the first three months of 2022.

He warned the federal government shouldn’t follow suit, “unless very narrowly targeted to only reach those in the most need of support to put food on the table.”

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