Carney said Monday the quarterly GST credit sent to low and middle-income households will rise by 25% for a five-year period starting this year. An eligible family of four may receive about C$800 more in relief this year, while a single person could see roughly C$400, Carney said. “Canadians need a boost today and a bridge to tomorrow,” Carney said, arguing affordability remains his government’s central priority. Carney noted that Canada, the United States and Mexico are preparing for a formal review of the North American free trade pact. With about 70% of Canadian exports flowing to the United States, Carney said his government has responded by accelerating efforts to build domestic capacity and diversify trade ties.

Source: The Star January 28, 2026 08:05 UTC