By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News as they happen
  • News
  • Canada
  • Business
  • Politics
  • Science
  • World News
  • Isness
Reading: New GST Credit to Cost $12.4 Billion Over 6 Years: Budget Watchdog
Sign In
Font ResizerAa
News as they happenNews as they happen
  • News
  • Canada
  • Business
  • Politics
  • Science
  • World News
  • Isness
  • News
  • Canada
  • Business
  • Politics
  • Science
  • World News
  • Isness
Have an existing account? Sign In
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
new-gst-credit-to-cost-$12.4-billion-over-6-years:-budget-watchdog
New GST Credit to Cost $12.4 Billion Over 6 Years: Budget Watchdog

New GST Credit to Cost $12.4 Billion Over 6 Years: Budget Watchdog

Last updated: February 2, 2026 7:47 pm
By Jennifer Cowan
1 Min Read
Share
SHARE
New GST Credit to Cost $12.4 Billion Over 6 Years: Budget Watchdog

A woman pushes a shopping cart through the produce section of a grocery store in Toronto, on Nov. 22, 2022. Carlos Osorio/Reuters

Jennifer Cowan

2/2/2026|Updated: 2/2/2026

Ottawa’s plan to increase the GST credit and offer a one-time payment to Canadians is projected to cost more than $12 billion over a span of six years, according to the Parliamentary Budget Officer.

The Office of the Parliamentary Budget Officer (PBO) released a report on Feb. 2 predicting the program announced last month by Prime Minister Mark Carney will incur a cost of $12.4 billion from fiscal year 2025-2026 to 2030-2031.

Jennifer Cowan

Jennifer Cowan is a writer and editor with the Canadian edition of The Epoch Times.

Author’s Selected Articles

Wall Street Review: Corporate Earnings Help Support Monthly Stock Gains
No, Hong Kong’s Governance Is Not Becoming Like China’s. It’s Actually Worse.
The call of the New Earth
The 2025 Tax Game-Changer: What Retirees Need to Know Now
Transportation Secretary Terminates Wind Projects Worth $679 Million
TAGGED:CanadaFeatured Canadian NewsTop Canadian NewsWorld News
Share This Article
Facebook Email Copy Link Print
Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!

    5 + 6 =

    You Might Also Like

    microsoft-reports-cuts-to-cables-in-red-sea
    BusinessCompaniesMedia & Big TechMiddle EastUncategorizedWorld News

    Microsoft Reports Cuts to Cables in Red Sea

    By Melanie Sun
    1 Min Read
    gesara-is-for-you-to-claim-it
    IsnessUncategorized

    Gesara is for you to Claim it

    By Isness
    8 Min Read
    rubio,-mexican-officials-agree-to-joint-security,-immigration-agreement
    AmericasBusinessEconomic PoliciesEconomyExecutive BranchFeatured TopicsImmigration & Border SecurityNational SecurityPolicies & ImpactsTariffsUncategorizedUSUS NewsUS PoliticsWorld News

    Rubio, Mexican Officials Agree to Joint Security, Immigration Agreement

    By Travis Gillmore
    1 Min Read
    News as they happen

    We influence thousands of users and are the number one business and technology news network on the planet. Newsguard delivers everything you need to know to live your best life, best tech trend, traveling passion and more…

    Categories

    • The Escapist
    • Entertainment
    • Bussiness

    Quick Links

    • Advertise with us
    • Newsletters
    • Complaint
    • Deal

    @Newsguard – Codeus Design. All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Username or Email Address
    Password

    Lost your password?