![]() "The help we're announcing today will make a big difference for the people who get it in a targeted way that will not stoke inflation." Who qualifies for inflation reliefĬanadians with low and modest incomes that qualify for the GST tax credit will see payments double for six months. They are targeted to the middle class and people working hard to join it, while we continue to be responsible with public finances," Trudeau said. "These measures all put people at the centre of our plan to grow the economy. Legislation will have to be passed before the programs can be implemented. The total cost of these measures is approximately $4.6 billion. The government estimates that the dental care program for children under 12 would benefit 500,000 Canadians. Ottawa says it will begin the program with children under the age of 12 and provide up to $650 per child for families making less than $90,000 without dental coverage. The government also says it is moving forward on developing a national dental care program, a key part of its supply-and-confidence agreement with the NDP. It will also provide low-income renters with a one-time $500 top-up to the Canada Housing Benefit. ![]() ![]() Prime Minister Justin Trudeau announced on Tuesday that the government will introduce legislation to temporarily double GST payments for six months for low-income earners. The federal government says it will provide inflation relief for low-income Canadians by temporarily hiking GST credits and providing payments for those struggling to pay rent, but economists warn it will likely add pressure to core inflation. The Trudeau government says it will provide inflation relief for low income Canadians by temporarily hiking GST tax credits and providing payments for those struggling to pay rent. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |