Start of new food support payments deposit for millions of Canadians starting today

Ottawa —
The federal government began today depositing new food support payments into the bank accounts of millions of eligible Canadians, in a step aimed at providing direct financial assistance to families and individuals facing increasing pressures due to rising living costs.

The new payments include a wide segment of low- and middle-income earners who meet the eligibility criteria approved by the Canada Revenue Agency, with amounts being transferred directly to the bank accounts of beneficiaries registered in the direct deposit system.

The launch of these payments comes at a time when food prices remain one of the main concerns for Canadian families, with the cost of many basic goods continuing to rise compared to previous years.

The government confirmed that eligible beneficiaries do not need to submit new applications to receive the payment, as eligibility is determined automatically based on tax information available to federal authorities.

Millions of Canadians across various provinces and territories are expected to benefit from the program, as part of broader efforts to support the purchasing power of families and alleviate the financial burdens associated with rising prices.

Authorities urged citizens to check their bank accounts in the coming days, noting that the timing of the funds' arrival may vary from person to person depending on financial institutions and banking processing procedures.

These payments are part of a series of financial measures launched by the federal government to support those most affected by rising costs of food, housing, and essential services, at a time when the Canadian economy continues to face challenges related to growth and the cost of living.