Canada’s tax “holiday” has had mixed results, businesses say

From Global News.

The tax "holiday" on GST and, in some provinces, the HST on various items and food has been in effect for a month, first announced as a way to give consumers a break on taxes on their shopping and food purchases.

But businesses are split on whether the break has actually helped their sales, with restaurants reporting a boost of roughly seven to nine per cent while just five per cent of small to medium-sized retailers seeing an increase.

As Global’s Sean Previl reports, with only a month remaining organizations representing retailers and restaurants say discussion needs to be had on making the changes more permanent.

For more info, please go to https://globalnews.ca/news/10955992/gst-tax-holiday-one-month-in-benefits/
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