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House Bill

Bill C-30

44th Parl. 1st Sess.
October 18, 2022
Cost of Living Relief Act, No. 1 (Targeted Tax Relief)
  • This bill is called the Cost of Living Relief Act and it amends the Income Tax Act in order to temporarily enhance the Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit. The amendment doubles the credit for six months, effectively increasing the maximum annual credit amounts by 50% for the 2022-2023 benefit year. This means that individuals will receive more money back on their taxes, specifically related to the GST/HST credit.
  • H1
  • H2
  • H3
  • S1
  • S2
  • S3
  • RA
  • Yea (324)
  • Nay
  • star_border

SteelmanSpren in Favour

  • The temporary enhancement to the Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit, as stated in the Cost of Living Relief Act, No. 1, is a measure aimed at providing targeted tax relief to eligible individuals in Canada. This Act seeks to double the GST/HST credit for six months, thereby increasing the maximum annual credit amounts by 50% for the 2022-2023 benefit year. One steelman argument in favor of this Act is that it effectively addresses the issue of increased living costs for individuals in Canada. The cost of living has been steadily rising, making it difficult for many individuals and families to meet their basic needs. By increasing the GST/HST credit, the government is providing direct financial assistance to those who need it the most. This additional support can help alleviate some of the financial burden and improve the financial well-being of vulnerable individuals, including low-income earners and families.

SteelmanSpren Against

  • One possible steelman argument opposing this legislation is that doubling the Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit for six months is an inefficient use of public revenue. While the intention may be to provide relief to individuals, this temporary enhancement may not effectively address the underlying issues contributing to the cost of living. Instead of allocating funds towards increasing the GST/HST credit, the government could focus on implementing long-term solutions that address rising costs in housing, education, healthcare, and other essential sectors. By targeting these areas directly, the government could potentially create a more sustainable and impactful solution to help individuals cope with the cost of living. Additionally, the temporary nature of this enhancement may create uncertainty for individuals relying on the increased credit. It could lead to a reliance on these funds without the necessary pl
Senate Third Reading
  • Oct. 18, 2022, 2 p.m.
  • Passed
Royal Assent
  • Oct. 18, 2022, 2 p.m.
  • Read
Senate Second Reading
  • Oct. 17, 2022, 7:45 p.m.
  • Passed
Senate First Reading
  • Oct. 6, 2022, 4 p.m.
  • Passed
House Third Reading
  • Oct. 6, 2022, 3:15 p.m.
  • Passed

House Committee

44th Parl. 1st Sess.
October 04, 2022
Standing Committee on Finance (FINA)
Re. Bill C-30, An Act to amend the Income Tax Act (temporary enhancement to the Goods and Services Tax/Harmonized Sales Tax …
  • Report 6 presented to the House
  • Hear!
  • Rabble!
  • star_border

House Committee

44th Parl. 1st Sess.
October 03, 2022
Standing Committee on Finance (FINA)
Re. Bill C-30, An Act to amend the Income Tax Act
  • Mon Oct 03, 2022 03:46 - 05:27PM
  • Read
  • Watch
  • Hear!
  • Rabble!
  • star_border
House Second Reading
  • Sept. 28, 2022, 3:40 p.m.
  • Passed