Canada Revenue Agency raking in more taxes thanks to shrinkflation CanadiansInvest
It is unacceptable that, with “shrinkflation”, consumers get less and are taxed more
The Canada Revenue Agency has provisions that make some smaller products taxable that aren’t in their larger forms. This policy is not new: it actually dates back to 2007, when the GST/HST Memorandum was revised. Some articles of the memo even existed back in 1997. If food items are pre-packaged for sale to consumers in quantities of less than six items, these products are taxed. Grocery shopping is complicated enough, but now, due to shrinkflation, consumers have to worry about how much more they need to pay. Depending on the province you live in, it could add five to 13 per cent more to the price tag of some products you’re buying. And chances are, you have likely never noticed.
A recent survey conducted by Dalhousie University, in partnership with Caddle, shows that 67 per cent of Canadians have found at least one mistake on their grocery receipt in the last year. That is an astonishing number. And according to the same survey, only 9.2 per cent have seen tax on a food item that shouldn’t have been taxed. The true number is likely much higher. One can only assume that many consumers wouldn’t have been able to pick up on mistakes related to taxable items.
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