This "tax holiday" is a joke, how pathetic. Anyone that thinks this is going to give any reasonable or meaningful savings to Canadians is delusional. Now we find out that it is not mandatory and businesses can just choose not to implement it.
Don’t shop. Boycott! Starve. Don’t pay your bills and wait til the tax break is over. You complain about gas prices and taxes and now there’s a break and Waaaaaaa. Math is challenging.
@ are you incapable of using your 🧠? Spending more $ the government doesn’t have pushes up inflation. Retailers will jack prices up because items have more demand. Common sense
No, but we get the best tax break because our taxes are harmonized and not split into multiple types. If we still had PST and GST, they'd cut whichever one is less...... So the 3 and 10 percent would mean 3% savings..... Which sucks. A ton of businesses, especially smaller ones, just had a boom in business. Local businesses where I live definitely got a bit of a boost.
@@nicks4802 be great to see some receipts on that statement. A news video just came out from cbc stating the exact opposite, they went to several businesses and none of them noticed any increase at all. When the reporter spoke with people on the street, most said they have already completed their shopping and that this gimmick is a day late and dollars short.
@@nicks4802 They wouldn't cut what ever is less , they would take of the GST part which is 5% Canada wide. You maybe happy in the moment, but all the provinces which have the HST will lose an estimated $2.7 BILLION on their part of the tax without compensation from the federal government. What this means is these 5 provinces (Ontario and Atlantic Canada) will raise some taxes ( property tax or business tax or something else or cut some programs) to make up for these losses. ENJOY!
!!!I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work.. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
This "tax holiday" is a joke, how pathetic. Anyone that thinks this is going to give any reasonable or meaningful savings to Canadians is delusional. Now we find out that it is not mandatory and businesses can just choose not to implement it.
Yeah we need to put our foot down, we used to go to war over this
Don’t shop. Boycott! Starve. Don’t pay your bills and wait til the tax break is over. You complain about gas prices and taxes and now there’s a break and Waaaaaaa. Math is challenging.
TH-cam censoring my comments under my own comment lol
There will be zero impact. This makes zero sense
Stay home, shill for Pierre Poliviere
@@apparitionight bot
@ super bot neurodivergent
Not all stores will give you a tax break cause it is not obligatory for them to do so. We are being played the fool.
Erin O'Toole is the one who originally came up with this idea.
Higher inflation and cost of living will be the impact
Prove it
@@apparitionight its simple economics
@ are you incapable of using your 🧠? Spending more $ the government doesn’t have pushes up inflation. Retailers will jack prices up because items have more demand. Common sense
@ which trump haas no clue about. He destroys them.
Is this only for ontario?
No, but we get the best tax break because our taxes are harmonized and not split into multiple types.
If we still had PST and GST, they'd cut whichever one is less...... So the 3 and 10 percent would mean 3% savings..... Which sucks.
A ton of businesses, especially smaller ones, just had a boom in business.
Local businesses where I live definitely got a bit of a boost.
@@nicks4802 be great to see some receipts on that statement. A news video just came out from cbc stating the exact opposite, they went to several businesses and none of them noticed any increase at all. When the reporter spoke with people on the street, most said they have already completed their shopping and that this gimmick is a day late and dollars short.
@@nicks4802 They wouldn't cut what ever is less , they would take of the GST part which is 5% Canada wide. You maybe happy in the moment, but all the provinces which have the HST will lose an estimated $2.7 BILLION on their part of the tax without compensation from the federal government. What this means is these 5 provinces (Ontario and Atlantic Canada) will raise some taxes ( property tax or business tax or something else or cut some programs) to make up for these losses. ENJOY!
@@nicks4802100% of the GST is taken off the bill
@@iknowbetter5075It’s 5% off. Nothing to do with HST other than the math. If Polly said Axe all the taxes he’d be a hero. He won’t
I love Eric
!!!I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of
information can be a big hurdle. I've been
making more than $200k passively by just
investing through an advisor, and I don't have
to do much work.. Inflation or no inflation, my
finances remain secure. So I really don't blame
people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
look up her name on the web for her website.