Close X
Sunday, November 24, 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

Creditors to vote on proposed $32.5B tobacco settlement in December

Creditors to vote on proposed $32.5B tobacco settlement in December
Creditors of three major tobacco companies will get the chance to weigh in on a proposed multi-billion-dollar settlement in December. An Ontario court has approved a motion that would see representatives for the creditors, which include provincial governments and plaintiffs in two Quebec class-action lawsuits, review and vote on the proposal on Dec. 12.

Creditors to vote on proposed $32.5B tobacco settlement in December

Union talks underway between foremen, employers to avoid latest B.C. port strike

Union talks underway between foremen, employers to avoid latest B.C. port strike
Both the BC Maritime Employers Association and the International Longshore and Warehouse Union Local 514 confirm talks are ongoing with the help of federal mediation services. The current negotiation session began on Oct. 29 and was said to be extendable by two days, if necessary.

Union talks underway between foremen, employers to avoid latest B.C. port strike

One pedestrian dead, another hurt in separate crashes in Calgary

One pedestrian dead, another hurt in separate crashes in Calgary
A man is dead and a woman is in serious condition after two recent pedestrian collisions in Calgary. Police say a man in his 50s was riding a mobility scooter in a parking lot on Saturday when he was hit by an SUV.

One pedestrian dead, another hurt in separate crashes in Calgary

Drug seizure at a Langford home

Drug seizure at a Langford home
Police on Vancouver Island say a search of a home in Langford earlier this month netted a haul of drugs, cash and weapons including a pair of nunchucks.  West Shore R-C-M-P say officers from multiple units searched the home due to suspected drug trafficking activity on October 11th. 

Drug seizure at a Langford home

Bylaw patrols boosted for in Surrey

Bylaw patrols boosted for in Surrey
The City of Surrey says it's boosting bylaw patrols as Halloween and Diwali celebrations fall on the same day this year. The city says the patrols will focus on fireworks regulations. 

Bylaw patrols boosted for in Surrey

What is Diwali, the Festival of Lights? How is it celebrated in India and the diaspora?

What is Diwali, the Festival of Lights? How is it celebrated in India and the diaspora?
This year, the holiday is being celebrated on Oct. 31 and Nov. 1. In the U.S., Diwali falls on Halloween this year, which has triggered quite a few #Diwaloween memes on social media where some celebrants can be seen lighting diyas in their scary costumes or handing out laddoos to trick-or-treaters.

What is Diwali, the Festival of Lights? How is it celebrated in India and the diaspora?