Canada tax break

The Canadian government has introduced a new tax break that will save Canadians money on a variety of essential goods and services.

The break, which will take effect on December 14, 2024, will see the GST/HST removed from a number of items, including groceries, children's clothing and footwear, and restaurant meals.

The government estimates that the tax break will save Canadians an estimated $1.6 billion over the two-month period it is in effect.

The break is designed to help Canadians with the rising cost of living and to provide a much-needed boost to the economy.

The list of eligible items includes:

• Groceries
• Children's clothing and footwear
• Restaurant meals
• Pre-prepared meals
• Diapers
• Baby wipes
• Children's car seats
• Strollers
• Playpens
• Christmas trees
• Hanukkah candles
• Kwanzaa candles
• Diwali candles
• Eid-ul-Fitr candles
• Eid-ul-Adha candles
• Holi powder
• Vaisakhi candles
• Diwali decorations
• Hanukkah decorations
• Kwanzaa decorations
• Eid-ul-Fitr decorations
• Eid-ul-Adha decorations
• Holi decorations
• Vaisakhi decorations

The tax break will be applied automatically at the point of sale. Canadians will not need to do anything to claim the break.

The tax break is a welcome relief for Canadians who are struggling with the rising cost of living. It will help Canadians save money on essential goods and services, and provide a much-needed boost to the economy.