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.The temporary GST break, which will reportedly cost CA$1.6B ($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 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 meals, salads, snacks, and alcohol (beer, wine, and 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.