‘Tax holiday’: From Christmas trees to Pokémon cards, what it includes
Global News
Starting next month, Canadians could get a temporary 'tax holiday' on dozens of items as a Liberal bill inches closer to becoming law.
Starting next month, Canadians could get a temporary “tax holiday” on dozens of items as a Liberal bill inches closer to becoming law.
Bill C-78, titled the “Tax Break for All Canadians Act,” passed in the House of Commons Thursday night, with the help of support from the New Democratic Party.
It will now be considered by the Senate and if passed there, will go on to receive royal assent.
A two-month break on the goods and services tax or harmonized sales tax will apply on certain groceries, alcoholic beverages and children’s clothing, among other items.
This change would take effect on Dec. 14 and end on Feb. 15, 2025.
The federal government says the measure is meant to provide relief to Canadians as the cost of living remains high and save taxpayers an estimated $1.6 billion over two months.
A family spending $2,000 on qualifying goods would realize GST savings of $100 over that period, according to the Department of Finance.
Here’s a list of all the items that the tax break will and will not cover.
In an internal message to staff, the airline said it is speeding up a review of its non-adjustable economy seats and could finalize a path forward as early as this week.
The town of Tecumseh, Ont. is likely to lose about $3.2 million in funding for housing after voting against allowing fourplexes to be built by default.
Here’s when you can expect roads to clear in Montreal, Toronto and the GTA, as cities outline how snow removal is prioritized and how long clearing typically takes.
Prime Minister Mark Carney's visit to China is raising questions about whether some tariffs between Beijing and Ottawa could soon ease in what one expert is calling a 'test.'
The remote Ontario community remains under a state of emergency after its water treatment plant failed last week. Evacuations are underway.
It's been proposed if the score remains even after overtime, it would be decided by alternating plays from the opposition's three-yard line until one scores and the other doesn't.
François Legault made the announcement at the national assembly of Quebec on Wednesday as October’s provincial election approaches.
Crombie announced she would resign back in September after a weak show of support for the leader at the Ontario Liberal convention on the back of a third-place election finish.
The O'Neills are at the centre of a Charter of Rights challenge, now before the B.C. Supreme Court, that seeks to end the practice of so-called "forced transfers."
The former Manwin Hotel, which has been vacant for about a year, is the scene of a major fire, though crews say the cause is not yet known.
A major issue this week will be China's heavy tariffs on pork, canola and seafood, which were imposed after Ottawa ordered tariffs on Chinese electric vehicles, steel and aluminum.
Despite data saying otherwise, Kelowna, B.C. business owners say break and enters, thefts and property crime are through the roof.
Kelowna is flooded with empty condo and rental units, with the city's vacancy rate now the highest in all of Canada at more than six per cent.