I've heard through the grapevine that starting July 2010 GST credit cheques will be higher than usual because of this new HST? Does anyone have a confirmed answer to this? Thank you.
The GST/HST credit is a federal program meant to offset some or all of the GST or federal portion of the HST. The amounts are not increasing due to Ontario or B.C. introducing HST. The amounts are the same for all Canadians irrespective of province.
However, the GST/HST credit is still increasing, slightly, due to inflation. Here's a link to the schedule of the GST/HST credit payment amounts. Note the individual amount increases from $248 to $250.
The [Ontario Sales Tax] credit is a non-taxable quarterly payment that will be issued separately from the GST/HST credit payments.