Reality Check – GST break finally dropped food inflation – it’s time to cut it for good « Canada’s NDP

February 18, 2025 at 3:00 am  Federal, Politics

According to Statistics Canada’s latest Consumer Price Index numbers, food inflation is down 0.6 per cent because of the GST holiday – otherwise, overall inflation and food inflation would have been much higher.

Jagmeet Singh and the NDP called for the GST to be permanently removed from life’s essential products – including monthly bills including cell phone, internet and home heating bills, kids’ clothes, car seats and grocery store meals.

Meanwhile, Pierre Poilievre called the GST holiday “irresponsible and inflationist” and Mark Carney called it a bad idea. While they both oppose a tax break for every day families, they both propose a tax break for the ultra-wealthy top 0.13 per cent of Canadians.

“Poilievre and Carney were dead wrong. And it’s not because they don’t understand how inflation works – it’s because they choose a tax break for the few, not the many,” said NDP deputy leader Alexandre Boulerice. “New Democrats won’t give multi-millionaires and CEOs more help. We choose regular, everyday working people.”

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