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Legislation Temporarily Doubling GST Credit Comes Into Law

Started by Epoch-Times-Bot, Oct 19, 2022, 09:45 PM

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Epoch-Times-Bot

Oct 19, 2022, 09:45 PM
Legislation Temporarily Doubling GST Credit Comes Into Law

The Liberal government’s legislation doubling the Goods and Services Tax (GST) credit for the next six months, which passed unanimously in the House of Commons, has now come into law.
Bill C-30, which was sponsored by Deputy Prime Minister Chrystia Freeland, also passed in Senate and received royal assent on Oct. 18.
The bill took just 16 days to pass in the House.
“This is great news for families,” said Prime Minister Justin Trudeau in a video posted on Twitter on Oct. 18. “It’s going to be real help this fall.”
The GST credit, also known as the Harmonized Sales Tax credit, is a “tax-free quarterly payment” issued to registered Canadian residents aged 19 and older with the intention of offsetting the amount of sales tax they pay....

Source: Legislation Temporarily Doubling GST Credit Comes Into Law

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