Prime Minister Mark Carney is set to announce an increase to the GST credit on Monday, as part of a larger suite of affordability measures intended to offset the rising cost of groceries.

On Monday, Mr. Carney announced a multibillion-dollar increase to the Goods and Services Tax (GST) credit, which delivers quarterly payments to lower-income Canadians to help offset the cost of the sales taxes they pay on goods and services.

The first of several rebates from the federal government is set to go out to qualifying Canadians in just a few days, including GST credits.

Here’s what we know about the Canada Groceries and Essentials Benefit. Prime Minister Mark Carney today announced his government would introduce a temporary 25 per cent increase to the existing GST credit to help lower-income consumers deal with the high cost of groceries across the country.