The Deputy Prime Minister and Minister of Finance will provide an update on the government’s economic plan. She will be joined by the Minister of Public Services and Procurement and Quebec Lieutenant, Jean-Yves Duclos, and the Minister of Small Business, Rechie Valdez.
The government is proposing that the GST/HST be fully and temporarily relieved on holiday essentials, like groceries, restaurant meals, drinks, snacks, children’s clothing, and gifts, from December 14, 2024, to February 15, 2025. This tax break will make a meaningful difference for Canadians by making essentially all food GST/HST free, providing real relief at the cash register.
The government can’t set prices at the checkout, but we can give Canadians more money in their pockets. To help them buy the things they need and save for the things they want, the government announced that it will be introducing legislation in Parliament that would provide for the delivery of a new $250 Working Canadians Rebate to 18.7 million Canadians in early spring 2025.
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and the Honourable Jean-Yves Duclos, Minister of Public Services and Procurement and Quebec Lieutenant, announced significant progress to deliver Canada’s housing plan.
The Deputy Prime Minister and Minister of Finance will provide an update on the government’s economic plan. She will be joined by the Minister of Public Services and Procurement and Quebec Lieutenant, Jean-Yves Duclos.
The time has come for us to be decisive about pushing Russian oil out of the world market. That Russian oil is quite literally funding Putin’s war machine. We’ve taken significant steps to push that Russian oil out of the world market. Now, we need to move further and work harder. And I believe, Canada believes, that now is the moment to undertake that work with our allies. And I’m glad to be saying that to you here at UCC Alberta because Canada as an energy power, Alberta as an energy power, has a real voice and a real role to play in making it possible for us, as the G7, to really push Russian oil out of the global market.
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that now nearly 1 million Canadians have opened a Tax-Free First Home Savings Account to save for their first downpayment.