Close X
Monday, November 25, 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

Sikh groups calls for Indian consulates to be shut down in Vancouver, Toronto

Sikh groups calls for Indian consulates to be shut down in Vancouver, Toronto
Representatives of a British Columbia Sikh temple whose president was shot dead last year, as well as the Sikh independence group he was involved in, say their communities won't feel safe until India's consulates in Vancouver and Toronto are shut down.

Sikh groups calls for Indian consulates to be shut down in Vancouver, Toronto

Child dead after falling from 19th floor window in Winnipeg, police say

Child dead after falling from 19th floor window in Winnipeg, police say
Police in Winnipeg say a child has died after falling from a window on the 19th floor of a building. It happened Monday in the city's downtown. The child was taken to hospital and pronounced dead.

Child dead after falling from 19th floor window in Winnipeg, police say

Jump in home sales in September

Jump in home sales in September
The Canadian Real Estate Association says home sales climbed 1.9 per cent on a month-over-month basis in September, reaching their highest level since July 2023. The national increase was led by Greater Vancouver and Victoria, as well as the Greater Toronto Area, Hamilton-Burlington, Montreal and Quebec City. 

Jump in home sales in September

Harpreet Singh gets 10 years in tripple stabbing

Harpreet Singh gets 10 years in tripple stabbing
Harpreet Singh has been sentenced to 10 years in prison -- minus the six-years in credit for time already served in custody -- for manslaughter and two counts of aggravated assault following the knife attack at a Surrey townhouse.

Harpreet Singh gets 10 years in tripple stabbing

Eby makes late pitch to people who have never voted New Democrat in B.C

Eby makes late pitch to people who have never voted New Democrat in B.C
Eby says there hasn't been an election as significant "for a generation," on the day the rival B.C. Conservative Party is poised to release its costed platform and just four days before election day on Saturday. Elections BC says about 597,000 people have already voted in four days of advance polling.

Eby makes late pitch to people who have never voted New Democrat in B.C

Founders of Vancouver club that sold tested illicit drugs file Charter challenge

Founders of Vancouver club that sold tested illicit drugs file Charter challenge
The founders of a Vancouver "compassion club" that sold heroin, cocaine and methamphetamine bought on the dark web and tested for contaminants, have filed a court challenge arguing their Charter rights and the rights of users were violated when the club was shut and they were arrested. 

Founders of Vancouver club that sold tested illicit drugs file Charter challenge