New Brunswick Premier Susan Holt and Prince Edward Island Premier Dennis King say they're going to ask the federal government to cover the provincial cost of the proposed HST tax holiday.
Two premiers are asking Ottawa to cover the provincial cost of a federally imposed tax holiday that Prime Minister Justin Trudeau announced Thursday.New Brunswick Premier Susan Holt and Prince Edward Island Premier Dennis King say they're going to ask the federal government to cover the provincial cost of the proposed HST tax holiday. Two premiers are asking Ottawa to cover the provincial cost of the Trudeau government's promised tax holiday.
That measure would put a large dent in some province's finances. New Brunswick Premier Susan Holt said Friday that the tax break could cost the province $62 million.Trudeau government to send $250 cheques to most people, slash GST on some goods "There is no agreement that the federal government would come in and give us that money or make us whole in any way," King told the provincial legislature. "We'll continue working with them and see what we can do, because it would drive a bit of a hole in our budget."
Prime Minister Justin Trudeau speaks during a press conference in Brampton, Ont., on Friday, Nov. 22, 2024. Prime Minister Trudeau wouldn't commit to reimbursing provinces for lost revenue when asked about the premiers' concerns on Friday. Not all provinces are concerned about the federal tax holiday. Ontario already had eliminated the provincial portion of the HST from some of the goods proposed for the federal exemption, including children's clothing, shoes, diapers, books and newspapers."We did it two years ago. We just didn't go out there and do cartwheels. Eighty per cent of what they say they're going to do, we're doing," Ontario Premier Doug Ford told a press conference on Friday.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Susan Holt becomes New Brunswick’s first woman premier as new Liberal government sworn inMembers of the new cabinet include Finance Minister and Deputy Premier René Legacy, Health Minister John Dornan, Education Minister Claire Johnson and Justice Minister Rob McKee
Read more »
New Brunswick premier-designate Susan Holt announces 19-member cabinetHolt, whose party was elected to a convincing majority on Oct. 21, released the names of her cabinet ahead of Saturday’s swearing-in ceremony at the legislature in Fredericton
Read more »
New Brunswick premier confirms her Liberal government will draft carbon pricing planNew Brunswick's premier says her newly elected Liberal government will draft a carbon pricing plan that will be submitted for Ottawa's approval.
Read more »
New Brunswick's premier sends out minister mandate letters, outlines expectationsFREDERICTON — New Brunswick Premier Susan Holt has given marching orders to her new cabinet ministers to fulfil promises made during last month's election.
Read more »
Ottawa Senators push back, but New York Islanders win 4-2 in OttawaOTTAWA — The New York Islanders survived a late comeback by the Ottawa Senators in Thursday's 4-2 win. The Islanders led 3-0 before Ottawa made it interesting in the third period.
Read more »
Ottawa Senators push back, but New York Islanders win 4-2 in OttawaOTTAWA — The New York Islanders survived a late comeback by the Ottawa Senators in Thursday's 4-2 win. The Islanders led 3-0 before Ottawa made it interesting in the third period.
Read more »