Today, Prime Minister Justin Trudeau announced that for two months, starting December 14th, the GST/HST will be removed from 100% of groceries, restaurant meals, beer and wine, and other essentials. The federal Government also plans to send a Working Canadians rebate cheque of $250 in April to those who worked in 2023 and earned up to $150,000.
TIAO supports this move to address the affordability crisis experienced by consumers and businesses. Together with the Working Canadians rebate cheque, this tax break will help more consumers enjoy a festive meal out over the holiday season, supporting Ontario's restaurants.
TIAO will continue to monitor the state of Ontario's tourism and hospitality operators as they enter the holiday season.
For more information on the two-month GST/HST break, click here. For more information on the Working Canadians rebate, click here.