The bill, sponsored by Chrystia Freeland, is aimed to help low and modest income Canadians cope with inflation as fears of a recession loom.

MPs unanimously passed legislation to help temporarily provide targeted tax relief to low and modest income Canadians on Thursday – meaning the bill will now be sent to the Senate.

Bill C-30 and Bill C-31, which were introduced in the House of Commons on Tuesday, make up the legislative backbone of the government's $4.6-billion affordability plan.