5 Things to Know Today Your morning briefing on what's moving Canadian wallets and markets — Thursday, June 5, 2026. 1 / Benefits Your Grocery Benefit Cheque Lands Today Today is the day millions of Canadians have been watching their bank accounts for. The federal government is issuing a one-time Canada Groceries and Essentials Benefit (CGEB) top-up to more than 12 million eligible Canadians starting June 5, 2026. The payment equals roughly 50% of your annual GST/HST credit entitlement — so if you normally receive that credit, expect to see a notably larger-than-usual deposit. The numbers: a family of four could receive up to $1,890 in 2026 (including the top-up), while a single person could receive up to $950 . Your bank statement may still label the deposit as "GST/HST Credit" or "GST/HST RC150" — that's normal. The full rebrand to CGEB takes effect July 3, 2026, when the regular quarterly payments resume at a permanent 25% increase for the next five...
- In Spain, it is customary to eat 12 grapes at midnight, one for each stroke of the clock, to bring good luck for the coming year.
- In Scotland, the New Year is celebrated with a festival called Hogmanay. People swing giant fireballs on poles and parade through the streets.
- In Denmark, people throw plates and glasses against their friends’ and neighbors’ front doors to banish bad spirits and bring good luck.
- In Ecuador, it is tradition to burn effigies of famous people to destroy bad “juju” from the past year and start fresh.
- In Thailand, it was once tradition to fire guns to frighten off demons.
- In China, firecrackers are used to rout the forces of darkness.
- In the United States, many people watch the ball drop in New York’s Times Square to ring in the new year.
- In Canada, people often gather with friends and family to enjoy a feast and watch fireworks displays.
- In Japan, people celebrate the new year with a traditional meal called “osechi ryori” and visit temples and shrines to pray for good fortune.
These are just a few examples of how people around the world celebrate the new year. Happy New Year!
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