OTTAWA — The federal government's GST holiday would cost as much as $2.7 billion if provinces with a harmonized sales tax asked for compensation, the parliamentary budget officer said on Monday.
OTTAWA — The federal government's GST holiday would cost as much as $2.7 billion if provinces with a harmonized sales tax asked for compensation, the parliamentary budget officer said on Monday.
All Canadians will save at least the five per cent goods and services tax on purchases like children's clothing, video games and restaurant meals. The PBO estimates the tax break will cost the federal government $1.5 billion, in line with the Liberals' own estimate of $1.6 billion.
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