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Tax Holiday

Canada’s GST Holiday Ends Amid Criticism and Minimal Impact

Craig Patterson -
David Nagy calls Canada’s GST holiday a failure, citing minimal retail impact, operational challenges for businesses, and unintended consumer anxiety.

Canada’s Food Inflation Drops, But Will Prices Spike Next?

Sylvain Charlebois -
Canada's food inflation hit -0.6% in January, but the GST Holiday may have masked true costs. With tax relief ending, are higher prices on the horizon?

GST/HST Holiday Fails to Boost Spending: Moneris Report

Craig Patterson -
Moneris data shows a 4% drop in Canadian spending during the GST/HST holiday, with minimal growth in select retail categories.

Canada’s Food Inflation Drops to Record Low Amid GST Holiday

Sylvain Charlebois -
Canada's food inflation hit a historic low in December 2024, driven by the GST Holiday, but temporary relief highlights deeper market pricing complexities.

GST Holiday Spurs Restaurant Visits, Highlights Tax Reform Needs

Sylvain Charlebois -
The GST holiday increased restaurant traffic by 18% in Canada, spotlighting tax policy's impact on consumer behaviour and affordability of prepared foods.

Black Friday Led Holiday 2024 Spending in Canada: Moneris

Craig Patterson -
Black Friday tops Moneris’ list of busiest shopping days for Holiday 2024, with insights into Canadian consumer spending patterns and trends.

Canada’s GST Holiday Creates Challenges for Small Businesses

Craig Patterson -
Canada’s GST holiday burdens small businesses with complex IT updates, added costs, and regional inequities, creating challenges during the holidays.

Canadian Holiday Tax Break Falls Short, Survey Finds

Craig Patterson -
Most Canadians say the holiday GST/HST tax break won't impact spending, with younger and lower-income groups showing slightly higher responsiveness.
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