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

Avian flu detected at a 5th farm

Avian flu detected at a 5th farm
Avian flu has been detected at a fifth farm in B-C this fall. The Canadian Food Inspection Agency says the latest outbreak has been detected in a commercial poultry flock in Abbotsford.

Avian flu detected at a 5th farm

RCMP seize 73 kilograms of cocaine during traffic stop east of Sicamous

RCMP seize 73 kilograms of cocaine during traffic stop east of Sicamous
Police say officers arrested the 28-year-old man from Surrey who was driving the vehicle, and he's since been released with conditions and a scheduled court date. A statement from police says the traffic stop on Oct. 8 involved a roadblock on the Trans Canada Highway near Malakwa, east of Sicamous. 

RCMP seize 73 kilograms of cocaine during traffic stop east of Sicamous

Stabbing outside a Vancouver coffee shop

Stabbing outside a Vancouver coffee shop
Vancouver police are investigating a stabbing outside a coffee shop in the Downtown Eastside. Police say they were called around 11:30 Sunday morning and found a 56-year-old man who was taken to hospital for non-life-threatening injuries.

Stabbing outside a Vancouver coffee shop

Pedestrian dies in Surrey crash

Pedestrian dies in Surrey crash
One person has died following a crash between a vehicle and a pedestrian in Surrey. Police say they were called Sunday after and despite lifesaving efforts, one person died.

Pedestrian dies in Surrey crash

North Vancouver declares state of local emergency, 3 homes evacuated after heavy rain

North Vancouver declares state of local emergency, 3 homes evacuated after heavy rain
The District of North Vancouver has declared a state of local emergency and ordered three homes evacuated in the Deep Cove neighbourhood over concerns debris left behind from last weekend's atmospheric river could pose a safety risk. A statement late Saturday from the district says that during the heavy rain, debris filled the channels of Ostler and Panorama Creeks "limiting their capacity to withstand future heavy rainfall events."

North Vancouver declares state of local emergency, 3 homes evacuated after heavy rain

Monthly food bank use soars to record 2 million, driven by cost of groceries, housing

Monthly food bank use soars to record 2 million, driven by cost of groceries, housing
Food Banks Canada CEO Kirstin Beardsley said food banks are being pushed to “the brink” and low-income Canadians need help immediately. The report calls on governments to introduce measures that include rent assistance and a monthly payment to low-income groups to help off-set rent and food costs.

Monthly food bank use soars to record 2 million, driven by cost of groceries, housing