Canadians express mixed feelings as federal government's two-month GST holiday begins

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Canadians express mixed feelings as federal government's two-month GST holiday begins

^{Published on 2024-12-14 16:00:37 - MSN}

Shoppers and businesses across Canada are expressing mixed feeling and showing little enthusiasm as a two-month break from the federal GST took effect Saturday.

The article from MSN discusses the mixed reactions among Canadians to the federal government's introduction of a two-month GST (Goods and Services Tax) holiday. This initiative, aimed at providing financial relief amidst rising living costs, temporarily removes the GST on various goods and services. While some Canadians appreciate the temporary relief, especially those with lower incomes, others express skepticism about its long-term benefits, arguing that it might not significantly alleviate financial pressures given the short duration and the exclusion of certain essential items from the tax holiday. Critics also point out that businesses might not pass on the full savings to consumers, and there's a concern about the potential increase in prices once the GST is reinstated. The article captures a range of opinions, from gratitude for any form of relief to calls for more substantial and sustainable economic measures.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/politics/government/canadians-express-mixed-feelings-as-federal-government-s-two-month-gst-holiday-begins/ar-AA1vRJVi ]

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