GST TAX HOLIDAY ENDS at MIDNIGHT TODAY!

 GST TAX HOLIDAY FOR TWO MONTH ENDS TODAY/TONIGHT  (February 15, 2025)  AT MIDNIGHT. 

Did it help consumers and store owners of this tax holiday which is just 5%? I hope so.. But some business owners said "not at all." Because to change the program of their cash registers caused them more expenses than having profit at all. 

Maybe it helped parents who have young children who are still on diapers and those children's toys and other miscellaneous stuff they bought at least 5% off from their expenditures.

You can only feel how huge the tax if you are buying in bulk. That's why 25% on imported goods to be exported to US would be staggering exorbitant.

Exports to US are in Millions to Billions of Dollars that's why 25% TARIFF > it's like being hit by an earthquake. 

NOTE: EARTHQUAKES Being felt could probably caused by fracking and boring machines beyond earth.

Let say the Export of such goods in 500 BILLIONS$ + 25% = 625 BILLIONS $ ($125 BILLIONS) For that $500 BILLIONS  worth of goods, you have to pay $125 BILLIONS of Tariff. 

WOW! They knew how to slap Canadians with BILLIONS OF DOLLARS!! They don't know where to get BILLIONS OF DOLLARS INSTANTLY. 

Because some other countries in the world are still doing BARTER.

You don't understand?

Let say you want to buy a brand new house in Canada. The price of a new house is worth $750,000 + GST & PST = $840,000     Tax = 90,000  

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There are "some people" who are buying houses worth more than the price above & they are helping the GOVERNMENT OF CANADA. 

I think the CHECK & BALANCE here in CANADA are counting everything so minute and into every details. Very detailed. Accounting works here. That's why when all those TAXES are accumulated and after filing of income tax, some people received refund, CTB Benefit for their kids, Carbon tax payments, Rebates, etc. etc.   HEALTH CARE is FREE its because with all accumulated taxes and those who patronize the LOTTERY BC 49,649 and other Charitable Institutions had helped provide free Health Care for Canadians. 

HEALTH CARE IS FREE BUT HEALTH CARE WORKERS ARE PAID WITH HIGH FALUTIN WAGES. Something for them to be happy about. For them to complain about their too high salary? Mind boggling.

MIND BOGGLING TAXES also helped pay for the budget in all MINISTRIES OF THE GOVERNMENT and burgeoning tasks and works for the members of the PARLIAMENT including their high falutin yearly salary, bonus and benefits and mansions, sports cars and expensive SUV's. Well endowed richy members of the Parliament. And if they are not doing their job properly... let's have PEOPLE STRIKE.

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What you can buy with $90,000? Maybe a brand new EV Ford or EV Winnebago or a Bayliner boat.

For the economical buyers they would be buying houses already been rented or been in the market for more than 2 years or buy an old house to be renovated instead.