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Tax Break and Rental Measures

In Ontario, a $2,000 basket of qualifying purchases could realize total HST savings of up to $260 over the two-month period.

Department of Finance Canada said the federal government announced a temporary GST/HST holiday and short-term rental measures.

The temporary tax break applied to qualifying goods such as restaurant meals, children's clothing, toys, diapers, books, snacks, and other listed items over a two-month period.

Finance Canada gave an example of a family spending $2,000 on qualifying goods and paying $100 less GST during the relief period.

Federal support was also directed to municipal governments and Indigenous communities enforcing restrictions on non-compliant short-term rentals.

For households and renters, the measures connected temporary sales-tax relief with housing-supply enforcement aimed at keeping more units in long-term use.

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