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31 Comments
Article:
Prime Minister Justin Trudeau is expected to unveil a multibillion-dollar package of affordability policies on Thursday that will include GST relief in a bid to alleviate pocket-book pressures heading into Christmas, according to sources.The policies will include some temporary relief from the GST and will not be income-tested, three sources with direct knowledge of the plan say.The Globe is not identifying the sources who were not permitted to disclose the details prior to Mr. Trudeau’s announcement.The plans would require legislated changes, which means the Liberals will need the support of another party to first end the two-month stand-off in the House of Commons that has stymied most other work.The stalemate is over the government’s refusal to release documents connected to a green fund spending scandal. Until debate on that issue ends, the government cannot get its agenda, including the planned affordability relief, through the House.The four sources said the minority Liberals are hoping that the affordability measures are significant enough to win the NDP’s support, while also ending the standoff. Two of the sources said the NDP was briefed about the new affordability measures on Wednesday.Last week the NDP released a new policy proposal to remove the GST from home heating, grocery-store items including pre-prepared meals, internet and cellphone bills, diapers and children’s clothing. On Wednesday, NDP Leader Jagmeet Singh called on the premiers to match the proposed GST relief by removing their provincial sales tax from the same items.The Prime Minister will unveil the new affordability policies alongside Finance Minister Chrystia Freeland at an event in the Greater Toronto Area. He will then visit a grocery store to discuss food affordability, according to his public itinerary.In September, the NDP ended their formal agreement with the minority Liberals to support them in the House in exchange for policy concessions. Since then, the party has said it will give its support to Liberal legislation on a case-by-case basis based on the New Democrats’ assessment of whether the policy is good for Canadians.However, they have also tried to keep their distance from the Liberals and argued that the government should end the paralysis in the House of Commons itself by simply handing over the documents, as requested by a majority of MPs.On Wednesday, Mr. Singh said his party will not let the Liberals “get away with not being transparent.”“They should smarten up, stop playing these games, disclose the documents, and let’s move forward.”Mr. Singh would not answer questions though about whether his party would ultimately vote with the Liberals to end the debate in the House in order to get other spending passed.However, his deputy leader, Alexandre Boulerice, told reporters Wednesday the NDP “so far” is not planning to side with the government and vote to end the document debate. But he added: “next week will be next week, we’ll see.”The Globe has previously reported that the NDP would not negotiate any deal to prop up the Liberals in the House for the long term. Instead, New Democrats will make public demands that the government will have to meet to gain NDP support for each vote in the Commons.
There will be a momentary pause in your tax burden to convince the idiots to vote for me again.
Vote buying out of desperation….this government is so in debt it’s terrifying. This will help some in the short term, but will create a host of other issues as government debt balloons, inflation balloons along with it…..the fiscally uneducated will love this gesture, but it’s an empty one…..
News broke earlier that the feds blew through the budgeted deficit, now they’re cutting taxes.
I appreciate being taxed less considering that our return on investment for taxes is abysmal, but these two pieces of news are troubling.
So their intent is to run even larger deficits I assume? This relief would be welcome if they had a creditable plan to rein in their spending. But they don’t and if reporting is to be believed the Liberals have already diverged from their fiscal anchors. This seems destined for the same sort of relief the OLP was famous for where in the long term we end up paying out the nose.
The Liberals modus operandi seems to be “Canada can suffer whatever serves the Liberals best”.
So we spent a boat load of money during Covid for relief and the books are bleeding but we will bleed some more if you vote for me.
The Liberal/Conservative uniparty loves the idea of debt-funded tax cuts and no real solutions to address the deep-rooted structural problems in Canada.
It’s a ruse.
The Liberals were ordered to provide documents to parliament regarding a green funding scandal. Instead of providing those documents, the Liberals have been moving them around to prevent the opposition, and Canadians, from seeing them.
The government can’t pursue its agenda because the opposition has blocked parliament until the documents are produced.
This is a cynical ploy to try to sucker Jagmeet Singh into getting things moving in parliament again and assist the Liberals in continuing to hide the documents.
I only hope Singh doesn’t bite. He has been a massive liability to good governance in this country.
Yay, higher debt taxes.
Desperation doesn’t look good.
Trudeau is the kind of guy that would cause a problem and then try to sell you on a “solution”
This reeks of desperation.
So essentially increase demand for goods and services by making things cheaper (via less taxes), which will increase prices of goods, and right back to square one.
TL:DR
Lower taxes on things so retailers can increase prices.
Not what the BoC wants to see.
Vote buying now
Tax cuts boost demand, but Canada has faced supply issues, as we saw after COVID, which led to higher prices and inflation. It will be interesting to see if this plan actually helps Canadians or if it’s just another headline grabber aimed at boosting the Liberals heading into the next election.
Too little, too late
Should have done this several years ago. I’m hoping by GST relief they mean permanently slashing the overall GST rate down from 5 to 4% on all items. Of course, knowing the timid steps our government has taken in the past, I doubt the changes they’re proposing will be significant enough to make a difference in the average Canadian’s cost of living in the long run.
Inflation must be slowing down, time to ramp up the cost of living
Ah yes, the old affordability by way of giving away more money.
Don’t care ur still gone next election
Hilarious!!! If this was the Conservatives leaving office there would be new article after article explaining that the Conservatives are sabatoging Canada and the next party to govern, but for the liberals, this is all good lol.
Just kicking the can down the road as usual
Thrilled to hear it. Trudeau can also go fuck himself, and I will vote for literally anyone other than the Liberal Party as long as the Liberal Party says his name without spitting afterwards.
If he’s gonna cut anything it should be income tax.
Right before the election. How original..
Sounds like someone is trying to buy an election
Great, now we get an immense bureaucracy and a whole industry of lawyers perpetually arguing over what counts as an “essential” good.
Does shampoo? Does conditioner? Does hand cream? What products, precisely, count as such? What percentage of a candy apple is apple, and what percentage is candy and will it be taxed as food or a nonessential good?
Another regulatory nightmare.
And how will we manage without the big GST cheques?
It will be extremely frustrating if this bails out the Liberals on the green fund via the NDP. Just once some accountability for Canadians. Insane talk i know.
Does he understand that if he give everyone a million dollars doesn’t mean everyone can afford a million dollar house?
Too much demand and not enough supply cannot be solved with even more demand. Guess Econ 101 is not part of the drama teacher training curriculum.
How does this help the decreasing productivity and gdp/capita?