Food credit “borrowed money,” MP says

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The federal government is putting more money in Canadians’ pockets to help bridge the rising cost of food.

But Conservative MP Cheryl Gallant says it’s all borrowed money that Canadians will have to pay back with interest.

Prime Minister Mark Carney announced last week the government is introducing the new Canada Groceries and Essentials Benefit – formerly the Goods and Services Tax (GST) Credit – and increasing its amount by 25% for five years beginning in July 2026.

In addition to that, the government will provide a one-time payment, equivalent to a 50% increase this year.

Combined, this means that a family of four will receive up to $1,890 this year, and about $1,400 a year for the next four years.

A single person will receive up to $950 this year, and about $700 a year for the next four years.

But speaking in the House of Commons last week, Gallant said that while “everyone likes a cheque in the mail,” those cheques are “written on borrowed money and they are going to have to pay it back with interest.”

“Last week, we learned what these Liberals have been denying all along: Food inflation is real and it is the worst in the G7,” Gallant said.

“Will the government finally do the right thing and axe the hidden carbon taxes so Canadians can have some real relief?”…

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