News dalla rete ITA

26 Novembre 2024

Canada

THE WINNERS AND LOSERS OF THE LIBERALS' HOLIDAY TAX BREAK AND CASH GIVEAWAY

The Liberals' holiday tax break and cash giveaway offer mixed outcomes across Canada. In provinces with a harmonized sales tax (HST) like Ontario and Atlantic Canada, residents benefit more as the 15% HST is waived on eligible items. In provinces like Manitoba and B.C., however, relief is limited to the 5% GST unless provincial governments waive their sales taxes. Alongside this, $250 cheques will go to working Canadians earning up to $150,000, excluding retirees and those on social assistance, sparking criticism for neglecting fixed-income groups. Prime Minister Trudeau defended the focus on workers, citing prior support for seniors and families. The initiatives, costing $6.3 billion, include GST breaks on children’s goods, restaurant meals, beer, wine, and Christmas items. (ICE TORONTO)


Fonte notizia: https://www.ctvnews.ca/politics/the-winners-and-losers-of-the-liberals-holiday-tax-break-and-cash-gi