Close X
Friday, November 29, 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

B.C. family doctors call for sick days, pensions ahead of October election

B.C. family doctors call for sick days, pensions ahead of October election
Organizations representing family doctors in British Columbia say physicians need paid sick days, vacation coverage, extended health and dental benefits and a pension plan. The BC College of Family Physicians and BC Family Doctors published a series of requests for whoever forms the next government after this October's provincial election.

B.C. family doctors call for sick days, pensions ahead of October election

PM, senior security officials slated to return to foreign interference inquiry

PM, senior security officials slated to return to foreign interference inquiry
Prime Minister Justin Trudeau and members of his inner circle are slated to return to a federal inquiry into foreign interference in coming weeks. A newly published provisional witness list for the next phase of the inquiry's public work indicates senior government bureaucrats and members of national security agencies will also testify.

PM, senior security officials slated to return to foreign interference inquiry

Top adviser says Singh not anxious to launch election, Conservatives issue challenge

Top adviser says Singh not anxious to launch election, Conservatives issue challenge
Jagmeet Singh's top adviser says the NDP leader is not particularly eager to trigger an election, even as the Conservatives challenge him to do just that. Anne McGrath, Singh's principal secretary, says there will be more volatility in Parliament and the odds of an early election have risen.

Top adviser says Singh not anxious to launch election, Conservatives issue challenge

Most of Canada is predicted to have a warmer-than-normal fall: The Weather Network

Most of Canada is predicted to have a warmer-than-normal fall: The Weather Network
Don't put away your summer wardrobe just yet – The Weather Network says most Canadians are in for a warm fall. The network predicts that the majority of Canadians will see a slow transition into autumn as temperatures in most regions are expected to be above normal in the coming weeks. 

Most of Canada is predicted to have a warmer-than-normal fall: The Weather Network

Trudeau says he 'can't wait' to get into it with Poilievre in Parliament

Trudeau says he 'can't wait' to get into it with Poilievre in Parliament
The three-day Liberal caucus retreat in Nanaimo, B.C., was the first chance for Trudeau to address his MPs as a group since they lost a long-held Liberal riding in Toronto to the Conservatives. The loss led to a fractious summer, and the focus of the gathering has been to reunite the party and turn their focus to the Tories.

Trudeau says he 'can't wait' to get into it with Poilievre in Parliament

Robbery at a BC liquor store

Robbery at a BC liquor store
Prince George R-C-M-P say a man has been taken into custody after robbing a liquor store.  R-C-M-P say officers received two reports about a man who seemed to be carrying a firearm showed up on Weisbrod Road close to the Hart Highway and the second report came in suggesting the man robbed a nearby liquor store. 

Robbery at a BC liquor store