OTTAWA — Prime Minister Justin Trudeau says his government plans to temporarily lift the federal sales tax off a slew of items just in time for Christmas and send cheques to millions of Canadians this spring.
Trudeau announced the proposed affordability measures in Toronto alongside Finance Minister Chrystia Freeland this morning, ahead of the government's fall economic statement.
Canadians who worked in 2023 and earned up to $150,000 would also receive a $250 cheque in the spring. Last week, the NDP promised it would issue a permanent GST break for essential items if it wins the next election, and on Wednesday Jagmeet Singh said in a statement that his party won a"tax holiday" for Canadians.
The changes proposed by the Liberals will be part of the annual fall economic statement, which will need to pass through Parliament in order to take effect.
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.
Federal government plans to give $250 cheques to millions of Canadians, cut GSTOTTAWA — Prime Minister Justin Trudeau says his government plans to temporarily lift the federal sales tax off a slew of items just in time for Christmas and send cheques to millions of Canadians this spring.
Read more »
Federal government plans to give $250 cheques to millions of Canadians, cut GSTOTTAWA — Prime Minister Justin Trudeau says his government plans to temporarily lift the federal sales tax off a slew of items just in time for Christmas and send cheques to millions of Canadians this spring.
Read more »
Federal government plans to give $250 cheques to millions of Canadians, cut GSTOTTAWA — Prime Minister Justin Trudeau says his government plans to temporarily lift the federal sales tax off a slew of items just in time for Christmas and send cheques to millions of Canadians this spring.
Read more »
Federal government plans to give $250 cheques to millions of Canadians, cut GSTOTTAWA — Prime Minister Justin Trudeau says his government plans to temporarily lift the federal sales tax off a slew of items just in time for Christmas and send cheques to millions of Canadians this spring.
Read more »
It’s a $250-billion per year industry, but how much do digital influencers actually make?More brands are investing in influencer marketing than ever, but most creators work several jobs, invest thousands back into their business and often deal with companies eager to take advantage of an unconventional industry with little transparency
Read more »
Gold is giving back $250 election premium, $300 China premium at risk from stimulusThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »