Finance Canada: Legislation to Put More Money in Your Pocket Receives Royal Assent
December 13, 2024
December 13, 2024
OTTAWA, Ontario, Dec. 13 -- The Department of Finance Canada issued the following news release on Dec. 12, 2024:
Today, Bill C-78, the Tax Break for All Canadians Act received Royal Assent, making essentially all food and many holiday essentials tax-free for two months.
Specifically, this legislation removes the GST/HST on holiday essentials, like groceries, restaurant meals, drinks, snacks, children's clothing, and gifts, from December 14, 2024, until February 15, . . .
Today, Bill C-78, the Tax Break for All Canadians Act received Royal Assent, making essentially all food and many holiday essentials tax-free for two months.
Specifically, this legislation removes the GST/HST on holiday essentials, like groceries, restaurant meals, drinks, snacks, children's clothing, and gifts, from December 14, 2024, until February 15, . . .