Millions of Canadians will receive a grocery rebate to help offset rising food costs.

Introduced by the Liberals in this year’s budget, the one-time rebate will be issued Wednesday July 5th that will double the amount of your GST/HST credit payment from January, and is calculated based on family income.

Critics call the plan a band aid solution that doesn’t address the real issues.

Meantime, Canada’s inflation rate fell a full percentage point in May to 3.4% the lowest in two years. But, grocery prices were up 9%, a modest improvement.

The rebate won’t arrive as a separate deposit in your bank account but will be integrated with the regular GST/HST credit.

Here’s the breakdown:

Seniors will get up to $225 extra on average.

If you’re single, you could receive a maximum payment of up to:

$234 (no children)
$387 (one child)
$467 (two children)
$548 (three children)
$628 (four children)

If you’re married or have a common-law partner, you could receive up to:

$306 (no children)
$387 (one child)
$467 (two children)
$548 (three children)
$628 (four children)