The PM of Canada JUSTIN TRUDEAU announced this morning about GST TAX BREAK for Canadians temporarily for the months of December 14, 2024 - February 14, 2025. Then Canadians can receive $250 cheques from the government in Spring of 2025.
What commodities or products that are included in the tax break?
Beer, wines, diapers, clothing, toys, no GST tax imposed on restaurant/fastfood items, including delivery.
GOOD ENOUGH for restaurants/fast-food owners. GOOD ENOUGH for parents with babies.
Is that good? Why temporary only? Because according to Liberal Party Leader it is just "stocking stuffers." LOL.
Look, the price of GAS was $1.66 /liter last week until Monday then yesterday, Wednesday... the price of Gas went up to $1.77/liter. If the GST TAX BREAK take effect what basic commodities will increase its regular price? Do you think supermarkets wont increase the regular price of products?
WAIT & SEE.
Would it be helpful if they can lower the price of rental houses/apartments/condos? Because actually nobody can afford housing in Canada. No one's happy the way things are in Canada. THE HIGH COST OF LIVING makes everyone unhappy and being GRINCH for the Holidays is expected. Can't blame those people. They are only humans.
Just recently, the BOMB CYCLONE was announced on radio, TV & Newspapers. Nobody rushed to the supermarkets to buy foods, or anything for the preparation of such bomb cyclone. You know why? You know damn right! Thanksgiving and Halloween festivity had them being frugal for the next days and next days to come.
Only in Florida when hurricanes will hit them and people from all walks of life rushed to the supermarket to have food, bottled water, hardware, first aid kit, supply of all kinds. Mad rush until all stores and supermarkets were empty.
According to Conservative Leader Pierre Poilievre that GST TAX BREAK is actually GST TAX TRICKS.
Here's the problem too, greedy vendors would increase the regular price of commodities once GST (5%) is pulled out from its receipt. You think you save something?
I remember the time when COVER GIRL compact powder was only $5 in year 2020. Then when the minimum wage increase for workers took effect, that product went up to $17.00. That's weird of over pricing effect. Price of gas was only $ 1.50/liter then hike up to $2.25/liter. Que horror! The over pricing, the high inflation and all the astronomical price of basic commodities is like EVIL DEAD and Apocalypse Z.