What the GST holiday means for consumers and why some economists are worried [Video]

After the federal government announced on Thursday that it would introduce a holiday season tax break on some goods, some Canadians welcomed the move, while others said they saw right through it.

“I think it’s going to be helpful for some people, which is really nice,” said Leemor Valin, who was shopping in Toronto.

“I really feel strongly that part of what makes this country so amazing are all the services we provide to all different kinds of people,” she said. “So I’m happy to pay taxes myself. I think that it’s really important, but I’m happy to hear [that] maybe it’ll help some people in tougher times.”

In addition to the GST holiday, the federal government plans to cut a $250 cheque for working Canadians who made $150,000 or less in 2023, starting sometime in the spring. But Jack Knight, who was shopping at Vince’s Market, the grocery store …