In a far-reaching move Canadas Liberal government (which isnt doing well in recent polls) announced a C$6.3 billion cost-of-living support package. The much-needed aid comes as a pre-winter surprise for many citizens
The two-part plan includes a one-time payment of C$250 that will reach about 18‚7 million Canadians in early-2025. Additionally‚ a nation-wide sales-tax holiday on day-to-day items is set to run from mid-december to mid-february: this measure aims to ease the burden during the coldest months
The financial breakdown shows that C$4‚7 billion will go towards direct payments‚ while the remaining C$1‚6 billion covers the tax-freeze costs. Both proposals need a green-light from parliament — which means the whole package must pass through proper legislative channels before its implemented
The governments quick-action plan targets everyday expenses (like groceries and household items) during peak winter months. However Prime Minister Trudeauʼs administration still needs to work hard to get these measures approved as theyre currently behind in public support