From the Canada Revenue Agency:
What’s new:
Period two of the Interim Canada Dental Benefit opens July 1: get ready to apply!
In July, families with young children can apply for the first or second time to get the dental benefit. Eligible families can get up to $650 per child for dental care services that take place between July 1, 2023 and June 30, 2024.
Families may be eligible if:
- their child(ren) is under the age of 12 as of July 1, 2023
- their adjusted family net income is less than $90,000
- they do not have access to private dental insurance and
- their dental care expenses are not fully covered by another dental program provided by any level of government.
Learn more about eligibility and how to apply at Canada.ca/dental.
The new Grocery Rebate helps at the check-out
In Budget 2023, the Government of Canada introduced a Grocery Rebate payment to help those who need it most keep up with rising costs.
The rebate will be issued July 5, 2023, alongside the regular GST/HST credit payment to individuals and families who were entitled to receive a GST/HST credit payment for January 2023.
Recipients could get up to an extra $467 for eligible couples with two children; up to an extra $234 for single Canadians without children; and an extra $225 for seniors, on average.
Learn more about the rebate at Canada.ca/grocery-rebate.
Advanced Canada workers benefit (ACWB) now year-round
Thanks to a recommendation by the Government of Canada in the 2022 Fall Economic statement, the Canada workers benefit (CWB) will now be available in three installments through the ACWB without needing to apply for advanced payments.
Starting in July 2023, ACWB recipients will receive half of their 2022 CWB allotment in quarterly instalments in July, October and January. The remaining amount will be reconciled once they file their 2023 tax return next spring.
The ACWB is a refundable tax credit to help individuals and families who are working and earning a low income. Read more at Canada.ca/canada-workers-benefit.
Most Atlantic provinces get the Climate action incentive payment starting in July
This July, Newfoundland/Labrador, Nova Scotia and Prince Edward Island will start to receive the Climate action incentive payment.
These three Atlantic provinces will join residents of Ontario, Manitoba, Saskatchewan and Alberta who already receive the benefit. Payments will begin on July 14, with the majority of Atlantic Canadians receiving their payments on July 21. Please allow to the end of July for your payment to arrive before calling us. Learn more about who is eligible and province-specific payment amounts at Canada.ca/cai-payment.
Benefit and credit amounts are adjusted each July – check your notices!
Each July, most federal benefits and credits are adjusted to support the rising cost of living. Benefit payments may also be adjusted if your family situation has changed (like having a new baby or ending a relationship).
Some benefits that could be adjusted include the Canada child benefit (CCB), the GST/HST credit, and related provincial and territorial payments, just to name a few.
Your clients can find out if their benefit or credit payment amounts were adjusted by checking their Notice of Redetermination.
Reminder: credits may be used to pay down a taxpayer’s government debt (except for the CCB and related provincial and territorial child benefits which can only pay down their own debt). Their Notice of Redetermination will alert them if any of their benefits or credits have been applied to a debt.
Dates to remember
- July 1, applications open for period two of the interim Canada Dental Benefit
- July 5, Grocery Rebate and GST/HST credit payment day
- July 14 – 21, Climate action incentive payments will be issued
- July 20, Canada child benefit payment day
- July 28, first quarterly payment of the Advanced CWB
Need to call? It is possible our phone lines may be busier than usual around these payment dates. That may mean some call wait times will be longer than normal. You can check on call wait times on Canada.ca before you dial.
Stay connected
To find out what’s new at the Canada Revenue Agency (CRA):
- Follow the CRA on Facebook
- Follow the CRA on Twitter – @CanRevAgency
- Follow the CRA on LinkedIn
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- Subscribe to a CRA electronic mailing list
- Add our RSS feeds to your feed reader
- You can also watch our tax-related videos on YouTube
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