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

Police car stolen at Vancouver park

Police car stolen at Vancouver park
A man with a lengthy criminal record is back in custody after allegedly stealing a police car at a Vancouver park yesterday morning. Vancouver police say the car was allegedly stolen around 10:45 a.m. after officers were flagged down to help a woman in distress in East Vancouver. 

Police car stolen at Vancouver park

Nuremberg and Nazi comparisons to COVID-19 measures 'unacceptable': Rustad

Nuremberg and Nazi comparisons to COVID-19 measures 'unacceptable': Rustad
That's after video surfaced of Rustad saying his party would "certainly be participating with other jurisdictions" after being asked at an online meeting in July about where he stood on "Nuremberg 2.0," which is the idea that people behind public health measures during the pandemic should be put on trial.

Nuremberg and Nazi comparisons to COVID-19 measures 'unacceptable': Rustad

Year long trafficking investigation leads to 1 arrest and seizure of 23 kgs of illicit drugs

Year long trafficking investigation leads to 1 arrest and seizure of 23 kgs of illicit drugs
Surrey RCMP say a more than a year long drug trafficking investigation has led to one arrest and the seizure of 23-kilograms of M-D-M-A, a quantity of fentanyl and other illicit drugs. They say the probe targeted a network that allegedly supplied bulk amounts of illicit drugs to traffickers in several Greater Vancouver cities.

Year long trafficking investigation leads to 1 arrest and seizure of 23 kgs of illicit drugs

Vancouver police boost presence at protests, schools for Oct. 7 anniversary

Vancouver police boost presence at protests, schools for Oct. 7 anniversary
Vancouver Police Chief Const. Adam Palmer says planned and unplanned protests across the city are posing a "significant" risk of disorder, and officers trained specifically for large-scale events will be deployed. In addition, Palmer says tactical response and uniformed officers will be placed at "key locations" in consultation with leaders of both the Jewish and Muslim communities.

Vancouver police boost presence at protests, schools for Oct. 7 anniversary

Eby defends B.C.'s speculation tax increase, says it will create more needed rentals

Eby defends B.C.'s speculation tax increase, says it will create more needed rentals
New Democrat Leader David Eby is defending plans to increase British Columbia's speculation tax on empty homes because he says it works. He says the tax saw 20,000 vacant homes in Metro Vancouver rented out since its introduction in 2017 and he expects more rental opportunities will result from the increase.

Eby defends B.C.'s speculation tax increase, says it will create more needed rentals

NDP house leader says House dysfunction will be a factor in future confidence votes

NDP house leader says House dysfunction will be a factor in future confidence votes
NDP House leader Peter Julian says there's more his party wants to do in Parliament before the next election, but the current dysfunction continues it will become a factor in how they vote on a confidence measure. In just three weeks, two Conservative non-confidence motions have failed to bring down the government — but the Opposition promises more to come.

NDP house leader says House dysfunction will be a factor in future confidence votes