Legislation to double GST credit for six months receives Royal Assent

Justin Trudeau congratulates Canadians on passing legislation to double GST credit for six months receives Royal Assent!

Legislation to double GST credit for six months receives Royal Assent!

Life is affordable for the Canadian as the Bill C-30, the Cost of Living Relief Act, No 1 (Trageted Tax Relief) receives Royal Assent, doubling the goods and services Tax credit for six months. This is eligible to the Canadians who are already receiving their payments, beginning in the first week of November.

So now Canadians without children will receive upto $234 while the couple with two children will receive $467 this year. Senior citizens of the country will now receive an extra $225 on average.

Bill C-30 is initial two pieces of legislation, introduced this fall to support Canadians so they are able to meet the rising cost of living without adding fuel to the fire of inflation.

Additionally, the government’s affordability plan is already delivering targeted and fiscally responsible financial support to the citizens who are in dire need, addressing low income Canadians, exposed to inflation.