A costly federal tax break meant to give holiday shoppers relief did little to help retailers, the Canadian Federation of Independent Business (CFIB) said.
Blacklock’s Reporter says the temporary suspension of the Goods and Services Tax (GST) on select items, passed by Parliament at a price tag of $2.7 billion, failed to generate a meaningful increase in sales.
Beer was cheaper so I drank more of it.
I bought a dozen bottles of our favorite plonk, saved around $2 per.
Didn’t save any money as we are drinking more than usual, but enjoying it immensely.
A quick dive into statistics……………………..
IRS total workforce is 100,000 for a pop of 334 million
CRA total workforce is 50,000 for a pop of 36 million
The IRS is about to be slashed, cut, burned, and weeded by DOGE, which no doubt will find extravagant waste. meanwhile, CRA employees are still feeding upon CERB
Don’t get me started in the CRA – they hire the dumbest of the dumb.
The comment amongst tax professionals is that competence hasn’t been a requirement for CRA hires for some time. When one does happen upon a competent agent, one thanks God kneeling (metaphorically). Also, the recent issues with the UHT, bare trusts, and – recently – the capital gains changes have tax professionals wondering if it’s incompetence or malice at both CRA and Finance. Many of us are embracing the power of “and”.
Liberals Raise tax on Diapers, why won’t they think of the children?
It’s only money, they’ll print more – and the people will cheer!
Why is it that when they print more money I never seem to get more of it?