All purchases at retail stores would be GST-free for a month.👇
With a federal election just around the corner, Canada's major political parties are beginning their election campaigns and making policy promises to Canadians.
On August 16, the Conservative Party announced that part of their "recovery plan" is to remove GST on retail purchases for the whole month of December.
#POLICY: We will remove GST for the month of December on purchases from retail stores to provide immediate relief f… https://t.co/5vhU4wuhzS— Erin O'Toole (@Erin O'Toole) 1629198180.0
According to party leader Erin O'Toole, this will make the holiday season more affordable for Canadians.
In a video clip shared online, O'Toole described the move as a "month-long GST holiday." During this time, all purchases at retail stores across Canada would be free from federal tax for the entirety of December. This means Canadians could save 5% on every eligible purchase made in December.
In a tweet on Tuesday, the Conservative leader added, "I know that life is getting more expensive and paycheques aren't going as far. This GST holiday will give hardworking Canadians a much-needed break, from the rising cost of living, during the holidays and help support local businesses."
NDP Leader Jagmeet Singh has also promised to save Canadians money if elected, as the NDP wants to forgive up to $20,000 of student debt.
Canada's largest federal parties formally kicked off their election campaigns on Sunday, although many politicians have actually been in campaign mode for weeks.
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