Canadian Prime Minister (PM) Justin Trudeau announced a CA$6.3B (US$4.5B) economic relief package, including a Goods and Services Tax (GST) break and a CA$200 (US$143) rebate check to Canadians making AC$150K (US$107K) or less.Canadian Prime Minister Justin Trudeau announced a CA$6.3B ($4.5B) economic relief package, including a Goods and Services Tax (GST) break and a CA$250 ($143) rebate check to Canadians making CA$150K ($107K) or less.
The temporary GST break, which will reportedly cost CA$1.6B (US$1.14B) on its own, will be in effect between Dec. 14 and Feb. 14. The one-time check, which will go out to an estimated 18.7M Canadians, will be sent in the spring.
The tax break will cover prepared foods like meals, salads, snacks, and alcohol (beer, wine, cider); restaurant meals, including dine-in, takeout, and delivery; children's clothing, footwear, diapers, toys; books, puzzles, print newspapers; and holiday items like Christmas trees.The tax break will cover meals, salads, snacks, and alcohol (beer, wine, cider); restaurant meals, including dine-in, takeout, and delivery; children's clothing, footwear, diapers, toys; books, puzzles, print newspapers; and holiday items like Christmas trees.
After causing the cost of living crisis and destroying Canadians with his COVID policies, Trudeau is conducting a shameful vote-buying scheme. Not only is this $250 offer a slap in the face to working Canadians, but many of the food items included in the tax break were already tax-exempt. This plan will not save the PMPrime Minister from his inevitable political demise.
Prime Minister Justin Trudeau’s tax policy reflects an effort to provide immediate, broad relief during a global inflation crisis. While no one, not even the PMPrime Minister, would claim this is a complete economic solution, these measures demonstrate empathy and address widespread financial struggles, laying the groundwork for future stability.