Liberal Government Plans Tax Break for Canadians Over Holidays to Boost Affordability

• Liberal government planning to give Canadians tax break over holidays
• Opposition leaders criticize move as a trick to buy votes
• Prime Minister Justin Trudeau announces proposal to cut federal goods and services tax on items
• Working Canadians rebate of $250 to be sent in April
• GST break to apply to items like children’s clothing, toys, diapers, restaurant meals, beer, wine, Christmas trees, snack foods, beverages, and video game consoles
• Canadians who earned less than $150,000 in 2023 to receive $250 cheque in spring
• Measures come as inflation-driven affordability crunch leaves voters unhappy with Trudeau government
• Conservatives maintain lead in polls, promise to slash taxes and government spending
• Trudeau dismisses idea that move could raise inflation, notes price growth and interest rates are down
• Conservatives propose ending carbon price permanently
• Bloc Québécois Leader criticizes Liberals for unspecified reasons

Source: thestar.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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