This Saturday marks the beginning of the Liberal government's two-month GST/HST holiday that it says will give Canadians a break on the cost of some essential goods.
The tax holiday is taking place throughout the supply chain, so goods supplied to a wholesaler by a manufacturer, wholesaler or retailer will also not be taxed.
Shoppers do not need to do anything to get the tax break; there is no claims process. The GST or HST will simply not be charged at the time of purchase.
The parliamentary budget officer says the tax break will cost the federal government $1.46 billion, and will cost the provinces with HST $1.26 billion.
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