Freeland Says the Two-Month GST Holiday Is Meant to Tackle the ‘Vibecession’

Deputy Prime Minister and Minister of Finance Chrystia Freeland holds a press conference at the National Press Theatre in Ottawa on Nov. 25, 2024. The Canadian Press/Sean Kilpatrick

The federal government is hoping a temporary break on GST will address a ‘vibecession’ that has gripped Canadians, Finance Minister Chrystia Freeland said Monday.

Prime Minister Justin Trudeau announced on Thursday that starting Dec. 14 the goods and services tax will be taken off a slew of items for two months to help with the affordability crunch.