Close X
Sunday, December 1, 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

NDP caving to Poilievre on carbon price, has no idea how to fight climate change: PM

NDP caving to Poilievre on carbon price, has no idea how to fight climate change: PM
The NDP is caving to political pressure from Conservative Leader Pierre Poilievre when it comes to its stance on the consumer carbon price, Prime Minister Justin Trudeau said on Friday. Speaking to reporters in Ste-Anne-de-Bellevue, Que., Trudeau blasted the NDP on its equivocation on the consumer carbon price while responding to a question about the upcoming byelection in Montreal.

NDP caving to Poilievre on carbon price, has no idea how to fight climate change: PM

B.C. accepts change for psychiatric care after alleged attack by mentally ill man

B.C. accepts change for psychiatric care after alleged attack by mentally ill man
The report, authored by former Abbotsford Police chief Bob Rich, says the suspect in the stabbing, Blair Donnelly, was on his 100th unescorted leave from the BC Forensic Psychiatric Hospital on Sept. 10, 2023, when he allegedly stabbed three festivalgoers at the Light Up Chinatown Festival. 

B.C. accepts change for psychiatric care after alleged attack by mentally ill man

CSC staff member assaulted in a prison

CSC staff member assaulted in a prison
Correctional Service Canada says a member of the staff was assaulted at the Kent Maximum Security Institution. The federal agency says the staff member was taken to an outside hospital to be treated and evaluated.

CSC staff member assaulted in a prison

BC 1st province to sign Pharmacare agreement

BC 1st province to sign Pharmacare agreement
British Columbia is becoming the first province in Canada to sign a pharmacare agreement with the federal government. The agreement means B-C is the first province to have the federal government help fund hormone replacement therapy and diabetes expenses.

BC 1st province to sign Pharmacare agreement

Pedestrian struck on Highway 97

Pedestrian struck on Highway 97
Kelowna R-C-M-P say it is investigating the death of a pedestrian along Highway 97. Emergency health services were called to a pedestrian who was struck by a vehicle along the highway and Burtch Road.

Pedestrian struck on Highway 97

B.C. to scrap carbon tax if federal government drops requirement: Eby

B.C. to scrap carbon tax if federal government drops requirement: Eby
British Columbia Premier David Eby says his government would end the carbon tax on consumers if the federal government removed the legal requirement. Eby says B.C. residents are struggling with affordability, but the government would still ensure that big polluters pay a price for carbon to take action on climate change. 

B.C. to scrap carbon tax if federal government drops requirement: Eby