The Liberals' transparent and gimmicky attempt at vote-buying represents a pretty much complete perversion of good policy principles
You can save this article by registering for free here. Or sign-in if you have an account.
The Trudeau government has put itself in a bind with its $6.3-billion taxpayer-funded vote-buying promises. With NDP support, it passed a $1.6-billion GST tax holiday that exempts spending on restaurants, games, snacks, books, children’s clothing and other items from Dec. 14 to Feb. 15.
But the bill did not include the $250 cheques the Liberals want to send working families earning less than $150,000. That $4.7-billion promise isn’t enough for the Bloc and NDP, who also want cheques for non-working retirees, the disabled, students and stay-at-home parents. Expanding the rebate this way will hike the 2024-25 federal deficit again, though it’s already $7 billion higher than last year’s April to September deficit.
Subscribe now to read the latest news in your city and across Canada.
Subscribe now to read the latest news in your city and across Canada.
Create an account or sign in to continue with your reading experience.
Create an account or sign in to continue with your reading experience.
There are better ways to increase rebates and provide tax holidays. My colleague Philip Bazel at the University of Calgary School of Public Policy has modelled how Ottawa could have avoided complexity, targeted relief and reduced overall costs by providing a one-time, $250 increase in the GST tax credit, which goes to low- and modest-income families, whether........