The federal government is giving Canadians a two-month tax holiday on certain items, and is sending out relief cheques of $250 in the spring.
Prime Minister Justin Trudeau outlined the relief plan, which begins December 14 with the tax cuts.
And the provincial government is following suit.
Ottawa will remove the GST and HST from all groceries for two months, and will take the GST off restaurant meals (eat-in or takeout), snacks (potato chips, granola bars), beer, wine, fast food, kids’ clothing, footwear, diapers and toys (including video games, board games and dolls), Christmas trees, print newspapers, children’s car seats,
The $250 cheques will be for each Canadian who worked in 2023, and earned under $150,000 for the year.
Province announces similar tax relief measures
Provincial Finance Minister Siobhan Coady told the House of Assembly today that the province will be matching the cost-saving measure for residents.
“I’m here to tell the people of the province today that we’ll be matching the federal government.”
Our government is focused on affordability for families in Newfoundland and Labrador. We will be removing the HST from many goods and services for two months. I’m pleased to have worked with Minister Freeland and Minister LeBlanc on this measure to help with the cost of living. pic.twitter.com/HCfwnoUAWp
— Andrew Furey (@FureyAndrew) November 21, 2024