Canada Announces Temporary GST Holiday and $250 Rebate for Working Canadians

The federal government introduces a two-month GST exemption on essentials and a rebate for middle-class workers to ease holiday financial pressures.

Starting December 14, Canadians will benefit from a GST/HST exemption on groceries, children's clothing, toys, restaurant meals, and other essentials until February 15, 2025.
The tax relief aims to reduce costs during the holiday season and provide immediate savings at the cash register for inflation-weary households.
A $250 rebate will be distributed in early spring 2025 to 18.7 million working Canadians with net earnings up to $150,000 in 2023.
The government has emphasized that while inflation has returned to 2% and interest rates have been cut four times this year, many Canadians are still feeling financial strain.
Parliament is being urged to pass the legislation quickly to ensure timely delivery of the GST holiday and rebate benefits.