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

Singh says NDP drafting climate plan, won't say if it'll include consumer carbon tax

Singh says NDP drafting climate plan, won't say if it'll include consumer carbon tax
NDP Leader Jagmeet Singh won't say whether he would keep the consumer carbon price if his party forms government at the next election. Speaking to reporters in Montreal on Thursday, Singh criticized both the Liberals and the Conservatives over their approaches to fighting climate change. 

Singh says NDP drafting climate plan, won't say if it'll include consumer carbon tax

Canada's consul general in New York at House committee today about official residence

Canada's consul general in New York at House committee today about official residence
Canada's consul general in New York is meeting with MPs today to talk about the purchase of his official residence. Former CTV journalist Tom Clark is answering questions at the House operations committee which is studying the government's decision to buy a $9-million condo in Manhattan.

Canada's consul general in New York at House committee today about official residence

Air Canada pushing for government intervention as clock ticks on labour talks

Air Canada pushing for government intervention as clock ticks on labour talks
Air Canada and business leaders are asking Ottawa to be ready to intervene in labour talks with its pilots as time is running out before a potential shutdown, but so far the government has said the two sides need to work things out.  Airline spokesman Christophe Hennebelle said Thursday that Air Canada is committed to negotiations, but it faces wage demands from the Air Line Pilots Association that it can't meet. 

Air Canada pushing for government intervention as clock ticks on labour talks

Documents show dozens of harassment, violence cases at CSIS. It deemed only 8 founded

Documents show dozens of harassment, violence cases at CSIS. It deemed only 8 founded
When Canada's spy chief wrote a secret letter to the public safety minister last December — the week after a report emerged that two young women in the service had been sexually assaulted by a senior colleague — it came with a warning. David Vigneault, then director of the Canadian Security Intelligence Service, told Dominic LeBlanc that he expected "more cases to surface in the coming weeks," and that he had to be "transparent" about this with the minister 

Documents show dozens of harassment, violence cases at CSIS. It deemed only 8 founded

RCMP investigating body found by rural road near Calgary after fire

RCMP investigating body found by rural road near Calgary after fire
RCMP say they've put significant resources toward investigating the death of a person found after they responded to a fire by a rural road east of Calgary. Mounties were called early on Wednesday morning to a report of a fire on the side of a rural road in Rocky View County.

RCMP investigating body found by rural road near Calgary after fire

Talks on today over HandyDART strike affecting vulnerable people in Metro Vancouver

Talks on today over HandyDART strike affecting vulnerable people in Metro Vancouver
No timeline has been set for the length of the negotiations, but Joe McCann, president of the Amalgamated Transit Union Local 1724, says they are willing to stay there as long as it takes, even if talks drag on all night. 

Talks on today over HandyDART strike affecting vulnerable people in Metro Vancouver