Close X
Tuesday, November 26, 2024
ADVT 
National

The winners and losers of the Liberals' holiday tax break and cash giveaway

Darpan News Desk The Canadian Press, 22 Nov, 2024 12:51 PM
  • The winners and losers of the Liberals' holiday tax break and cash giveaway

The Liberal government is pulling out the federal wallet to put more money into people's pockets over the holidays, but its recently announced affordability measures create winners and losers.

Prime Minister Justin Trudeau announced on Thursday that the federal government will remove the goods and services tax on a slew of items for two months, starting Dec. 14. 

But in provinces where the provincial and federal sales taxes are blended together into a harmonized sales tax, Canadians will get a larger break. 

The federal government also plans to send $250 cheques to Canadians who were working in 2023 and earned up to $150,000.

That means Canadians who were not working in 2023, including those who were receiving social assistance or were in retirement, will not be sent a cheque in April. 

In the House of Commons on Friday, NDP MP Peter Julian called the government out for not including Canadians with fixed incomes.

"Why are Liberals excluding seniors and people with disabilities from the real help they need this holiday season? Why won't Liberals help them, too?" Julian asked during question period. 

At a news conference on Friday, Trudeau said that the federal government has already stepped up to help the most vulnerable Canadians and that it is now time to give a hand to workers.

"Over the past number of years, we have been extraordinarily present in helping the most vulnerable Canadians," Trudeau said, mentioning the boost to old-age security for seniors aged 75 and older and the Canada Child Benefit. 

"But as I travel across the country, I do regularly hear from working Canadians who are having trouble making ends meet, but saying, 'look, I don't have kids. I'm not a senior yet, and I'm facing challenges.'"

The GST break, which is expected to cost the federal government $1.6 billion, will apply to a number of items including children's clothing and shoes, toys, diapers, restaurant meals and beer and wine.

It also applies to Christmas trees — both natural and artificial — along with a variety of snack foods and beverages, and video game consoles.

Meanwhile, 18.7 million people will receive a check this spring, costing the government about $4.7 billion.

MORE National ARTICLES

Man police linked to neo-Nazi group pleads not guilty to terrorism charges

Man police linked to neo-Nazi group pleads not guilty to terrorism charges
An Ottawa man is pleading not guilty to charges of terrorism and hate-speech related to the promotion of a far-right group. RCMP charged Patrick Gordon Macdonald in July 2023, alleging he took part in activities of a listed terrorist organization.

Man police linked to neo-Nazi group pleads not guilty to terrorism charges

Indecent act in Richmond

Indecent act in Richmond
Police are looking for a man who followed a woman who was walking in Richmond and then exposed his genitals to her.  They say it happened in the area of Number 3  Road and Goldstream Drive back on November 6th. 

Indecent act in Richmond

Fatal rollover crash on Hwy 99

Fatal rollover crash on Hwy 99
Mounties in Surrey say they are investigating a fiery overnight crash that killed two people and caused a partial shutdown of Highway 99. Mounties say they closed the road between 16th Avenue and 32nd Avenue northbound and are asking people to use alternate routes.

Fatal rollover crash on Hwy 99

B.C. nursing student attacked with knife during first clinical placement: union

B.C. nursing student attacked with knife during first clinical placement: union
The Vancouver Police Department said officers responded to the scene around 9 a.m. following reports of an assault inside the hospital, which left the 37-year-old victim with non-life-threatening injuries. Vancouver police spokesman Sgt. Steve Addison said a 48-year-old man, who was a patient at the hospital, was arrested.

B.C. nursing student attacked with knife during first clinical placement: union

B.C. charities worried Canada Post strike will affect fundraising efforts

B.C. charities worried Canada Post strike will affect fundraising efforts
Some B.C. charities and not-for-profits said they are worried the Canada Post strike will jeopardize their year-end fundraising efforts. Nicole Mucci, a spokeswoman for Union Gospel Mission in Vancouver's Downtown Eastside, said 50 per cent of the organization's revenue normally comes between Thanksgiving and Christmas, and a mail strike at this time of the year is "detrimental" since so many donations come in the mail. 

B.C. charities worried Canada Post strike will affect fundraising efforts

Trudeau says he could have acted faster on immigration changes, blames 'bad actors'

Trudeau says he could have acted faster on immigration changes, blames 'bad actors'
Prime Minister Justin Trudeau says the federal government could have acted faster on reining in immigration programs, after blaming "bad actors" for gaming the system. Trudeau released a nearly seven-minute video on YouTube Sunday talking about the recent reduction in permanent residents being admitted to Canada and changes to the temporary foreign worker program. 

Trudeau says he could have acted faster on immigration changes, blames 'bad actors'