Summary
Canadian Prime Minister Justin Trudeau announced measures to address the rising cost of living, including a temporary suspension of the federal sales tax (GST) on select goods from Dec. 14 to Feb. 15 and one-time checks of C$250 for 18.7 million Canadians earning up to C$150,000 in 2023.
The tax break covers items like children’s clothing, toys, restaurant meals, and beverages.
Critics view the move as a desperate political strategy ahead of a looming federal election, with Trudeau’s Liberals trailing Conservatives 39% to 26% in recent polls.
Still better than Bitcoin Millhouse’s plan to give a 5% GST break to anyone that can afford a sub 1 million dollar house. If you can afford a $950,000 dollar house, you sure as fuck can afford to pay GST.
I also see it being abused to buy cheaper properties to rent…
Exactly… and Squinty McProudboy already rents out several houses so I’m sure he’ll jump on that opportunity.