The Canadian federal government has announced a proposed temporary removal of the Goods and Services Tax (GST) on select items, effective from December 14, 2024, to February 15, 2025. In provinces where the Harmonized Sales Tax (HST) applies, the same relief is expected to extend to the HST.
This initiative aims to make all food in Canada essentially tax-free for the duration of the holiday, providing significant savings for families. The exemption applies to the following goods, provided they are delivered and paid for during the specified period or imported into Canada within that timeframe:
- Prepared foods: Vegetable trays, pre-made meals, salads, and sandwiches.
- Restaurant meals: Dine-in, takeout, or delivery options.
- Snacks: Items such as chips, candy, and granola bars.
- Alcoholic beverages: Beer, wine, cider, and pre-mixed drinks with an alcohol content below seven per cent alcohol by volume.
- Children’s items: Clothing, footwear, car seats, and diapers.
- Toys: Board games, dolls, and video game consoles.
- Reading materials: Books, print newspapers, and puzzles for all ages.
- Christmas trees: Both real and artificial varieties.
