The GST/HST holiday is a temporary measure aimed at providing immediate financial relief to consumers during the holiday season, but many shoppers feel it won’t significantly impact their spending.
Anna Fonscea expressed concern that the tax break isn't a solution to ongoing affordability issues, stating, "It's just a quick fix for Christmas basically," as she faces budget constraints.
Roman Wojnarski acknowledged the uncertainty regarding consumer behavior but noted, "I think right now the economy is such that this is going to be a bit of relief for a lot of people."
Restaurants Canada estimates the GST/HST holiday could generate an additional $1.5 billion in sales for restaurants, highlighting the importance of this financial boost during a typically slow season.
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