Tax Holiday

• Canada’s inflation in January likely saw little change. Here’s why

  Canada's annual inflation rate ticked down to 1.8 per cent in December, in large part because of the federal government's pause on sales tax for various items.

  Canada

  Feb 16
  
• After two months, Canada’s federal tax holiday ends Saturday

  After two months, Canada's federal tax holiday ends on Saturday. Industry groups, however, are divided on whether or not the move was a success.

  Canada

  Feb 14
  
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• As Canada’s tax ‘holiday’ ends, small businesses say it was a ‘flop’: CFIB

  The Canadian Federation of Independent Business says small businesses in the country have seen a minimal impact from the tax 'holiday.'

  Consumer

  Feb 11
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• Restaurants Canada wants the tax ‘holiday’ made permanent as end nears

  Canada's food service sector is expecting a $1.5-billion boost from the tax 'holiday' and Restaurants Canada is pushing to make the two-month break permanent.

  Money

  Feb 7
• Did Canada’s tax ‘holiday’ boost spending? Data shows little growth

  The GST 'holiday' is nearly over, but new data looking at spending in Canada during its first month shows it may not have spurred spending as originally hoped.

  Canada

  Feb 6
• Inflation slows ahead of Bank of Canada’s 1st rate decision of 2025

  The Bank of Canada will be poring over the latest inflation figures ahead of its first interest rate decision of the year, set for Jan. 29.

  Money

  Jan 21
• Has the GST tax ‘holiday’ helped businesses 1 month in? What retailers say

  While some report seeing increases in sales, others suggest the tax holiday has gone over 'like a lead balloon' for businesses worried about keeping track of tax rules.

  Canada

  Jan 14
• Canadians more cautious about holiday spending despite tax break: poll

  This holiday season, Canadians are being more cautious about their spending despite a tax break on a slew of items, new Ipsos polling exclusive to Global News shows.

  Consumer

  Dec 17, 2024
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• ‘It’s a scheme’: Mixed feelings from N.S. shoppers, retailers about HST holiday

  Provinces with a harmonized provincial and federal sales tax -- such as Nova Scotia --  will see the full HST waived on certain items.

  Consumer

  Dec 16, 2024
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• Canada’s ‘tax holiday’ begins. Here’s what to expect

  The 'tax holiday' announced by the federal government is now in effect until Feb. 14, 2025, with various toys, clothing and other items exempt.

  Canada

  Dec 14, 2024