Nov 21, 2024
The Trudeau Liberal government on Thursday announced a two-month GST exemption on selected items before Christmas, attempting to provide financial relief to families struggling with rising prices.
The temporary measure, developed with the NDP, would suspend federal sales tax on a range of products, including grocery items, children’s clothing, diapers, car seats, and toys.
Prime Minister Justin Trudeau at a press conference Thursday promised the move “will not stimulate inflation” but will “help families make ends meet.”
“This is something we’re able to do because Canada has one of the strongest balance sheets in the world, the lowest deficit in the G7, and decreasing,” said Trudeau.