Economy 52,843 Posted November 25, 2024 Share Posted November 25, 2024 https://fortune.com/2024/11/22/prime-minister-trudeau-cut-sales-tax-send-checks-millions-canadians-election/ Trudeau announced a couple days ago that the sales tax will be removed for 2 months on essentials such diapers, food and clothing as a tax break for low income and middle class In addition $250 bonus checks will be sent to everyone in workforce who earned less than $150,000 The measure is expected to cost Federal Government $6B. There will be an additional loss of revenue for Provinces as well that have their Sales Tax harmonized with the Federal Government (HST) and as such automatically must apply the sales tax break as well Link to post Share on other sites More sharing options...
Morphine Prince 109,654 Posted November 25, 2024 Share Posted November 25, 2024 This reeks of desperation. He is on the way out, I doubt stuff like this will save him and his party. Link to post Share on other sites More sharing options...
Economy 52,843 Posted November 25, 2024 Author Share Posted November 25, 2024 This rather random and expensive tax cut and bonus checks are clearly a desperate attempt to buy voter support amid horrible approval ratings but ill take the free money This isnt gonna save their election in 2015 tho. Even some Liberal Leaning ppl are saying they are willing to vote Conservative so Trudeau gets kicked out of office Link to post Share on other sites More sharing options...
Economy 52,843 Posted November 25, 2024 Author Share Posted November 25, 2024 Just now, Morphine Prince said: This reeks of desperation. He is on the way out, I doubt stuff like this will save him and his party. It absolutely will not. His approval rating is something rediculously low. According to polls, only 22% of likely voters say theyd vote Liberal To Conservatives are almost guaranteed to win a majority Government which guarantees them power for 5 years... and the left wing NDP might actually win more seats this time than the Liberals (Centre Wing) pushing Trudeaus party to 3rd place I dont think the Liberals have been in 3rd place Federally for many many years thought currently in my Province they are. Link to post Share on other sites More sharing options...
bionic 50,111 Posted November 25, 2024 Share Posted November 25, 2024 2 months 2 generous Link to post Share on other sites More sharing options...
Lucas 31,101 Posted November 25, 2024 Share Posted November 25, 2024 I think this is a really good thing! Link to post Share on other sites More sharing options...
Lucas 31,101 Posted November 25, 2024 Share Posted November 25, 2024 9 minutes ago, Economy said: To Conservatives are almost guaranteed to win a majority Government which guarantees them power for 5 years... and the left wing NDP might actually win more seats this time than the Liberals (Centre Wing) pushing Trudeaus party to 3rd place Wow the whole world is going conversative it seems.. USA, Canada, and so many countries in Europe in the coming years where extreme right is rising at an alarming rate... Link to post Share on other sites More sharing options...
Vanyanv 62 Posted November 25, 2024 Share Posted November 25, 2024 That will cost a lot in the future for the canadians. Portugal did the same with a 125€ check and it just got worse after the "good" 2/3 months. Link to post Share on other sites More sharing options...
Economy 52,843 Posted November 26, 2024 Author Share Posted November 26, 2024 5 hours ago, Lucas said: Wow the whole world is going conversative it seems.. USA, Canada, and so many countries in Europe in the coming years where extreme right is rising at an alarming rate... Although this was kinda predictable. In Canada Liberals and Conservatives have swaped power every 8 to 10 years like clock work with just a few exeptions to this Trudeau is on year 9 and will be 10 next year. As usual ppl get tired of current government and want a change Link to post Share on other sites More sharing options...
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