Canada's Tax Holiday Impact
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Did Canada’s tax ‘holiday’ boost spending? Data shows little growth - National | Globalnews.ca
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72% Informative
Moneris looked into spending patterns between Dec. 14, 2024 , when the tax “holiday” began and Jan. 15 .
Comparing the data to the same period in 2023-24 , the payment processing firm found no year-over-year increases in spending.
The data showed overall spending was down by four per cent , with the transaction count down by one per cent and the transaction size down by three per cent .
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