Three things Canadians should know about Carney’s new GST credit

The House of Commons has agreed to fast-track legislation to boost the GST credit for 12 million taxpayers with low and modest incomes. Here’s Heather Scoffield’s initial analysis of the measure.

groceries

The Canadian Tax Observatory applauds new tax measures to make life more affordable

The Canadian Tax Observatory welcomes today’s announcement from Prime Minister Mark Carney and Finance Minister François-Philippe Champagne to substantially increase the GST credit, now called the Canada Groceries and Essentials Benefit.

Through solid, independent research and non-partisan public engagement, we aim to encourage fresh thinking that leads to practical solutions on tax policy.

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