SUPPORT FOR CANADIAN BUSINESSES
Ottawa commits $25 billion in new spending to help Canadian businesses and workers make it through a COVID-19 winter. The government promises between $70 billion and $100 billion for economic recovery after COVID-19 is under control on what Freeland billed as “carefully judged, targeted and meaningful investments to create jobs and boost growth”.
The Canadian Government is moving ahead with charging HST on multi-national digital platform giants which includes short term rental companies. Under the current rules, foreign-based digital businesses without a physical presence in Canada can sell goods and services without charging the GST or HST.