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PM Mark Carney's Canada


Federal government to introduce grocery rebate: sources​

Prime Minister Mark Carney to announce GST credit top-up, other affordability measures on Monday​


Prime Minister Mark Carney is set to announce an increase to the GST credit on Monday, as part of a larger suite of affordability measures intended to offset the rising cost of groceries.

Two senior government sources speaking on the condition they not be named say that quarterly GST payments will increase by 25 per cent over the next five years, and the measure is expected to affect approximately 12 million Canadians.

It will also include a one-time top-up of 50 per cent in June. The program will be called the “Canada Groceries and Essentials Benefit."

Federal estimates suggest that the one-time top up, plus the quarterly 25 per cent top up, could mean an additional $400 this calendar year for a low-income single person and $800 this year for a couple with two children.

There will be other affordability measure announced on Monday, including steps to fix structural problems with Canada’s food supply chain, and improve competition.

The prime minister is set to make this announcement in Ottawa on Monday morning before travelling to meet with Ontario Premier Doug Ford in the afternoon.
 

Federal government to introduce grocery rebate: sources​

Prime Minister Mark Carney to announce GST credit top-up, other affordability measures on Monday​


Prime Minister Mark Carney is set to announce an increase to the GST credit on Monday, as part of a larger suite of affordability measures intended to offset the rising cost of groceries.

Two senior government sources speaking on the condition they not be named say that quarterly GST payments will increase by 25 per cent over the next five years, and the measure is expected to affect approximately 12 million Canadians.

It will also include a one-time top-up of 50 per cent in June. The program will be called the “Canada Groceries and Essentials Benefit."

Federal estimates suggest that the one-time top up, plus the quarterly 25 per cent top up, could mean an additional $400 this calendar year for a low-income single person and $800 this year for a couple with two children.

There will be other affordability measure announced on Monday, including steps to fix structural problems with Canada’s food supply chain, and improve competition.

The prime minister is set to make this announcement in Ottawa on Monday morning before travelling to meet with Ontario Premier Doug Ford in the afternoon.

This is what they are doing, and I'm of at best mixed views on it.

Its better than the Doug Ford pre-election cheques for everyone scheme....because that scheme gave the same to the richest and the poorest.

This will follow the HST rebate model and therefore decline after ~$50,000 income or thereabouts.

Good, as far as it goes.

I'm more interested in measures that structurally reduce grocery prices, also being promised. I have a list, of measures that were put forward, but I'm not sure which cabinet approved.

So I'll be watching keenly.

***

Areas where prices are out of line w/what they should be structurally:

1) Beef

2) Chicken

3) Assorted Dairy, but particularly cheese both industrial and premium and butter.

4) Pasta.

5) Mayo

There are other items to be sure....but looking at widely purchased, and demonstrably cheaper, historically in Canada or in comparable markets, those are the most excessive.

To be clear, Coffee and Chocolate remain high, but that is dictated by global markets.

Repeating the list above with my estimate of percentage correction feasible.

1) Beef - 50%

2) Chicken - 25%

3) Asst Dairly - Butter -25%, Industrial Cheese - 33%, Premium Cheese 40-45%

4) Pasta - 25%

6) Mayo - 25%

***

The measures it will take to achieve some of those reductions are significant. They includes substantial oligopoly break ups, subsides, Canadian Dairy Commission rollbacks and more.

Also required are breakups of retail oligopolies and moves to curtail structurally bad practice which adds cost and stifles competition (notably, listing fees)
 
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OTTAWA, Jan 26 (Reuters) - Canada's Prime Minister Mark Carney will likely visit India the first week of March and sign deals on uranium, energy, minerals and artificial intelligence, Dinesh Patnaik, India's High Commissioner to Canada said in an interview.

Carney is making all-out efforts to diversify Canada's alliances beyond the U.S., its top ‌trade partner. In Davos last week, he earned a rare standing ovation for saying the old rules-based order is over and called on middle powers like Canada to build coalitions to shape a fairer, more resilient world.
 
Does he not realize that Canada is one of the largest exporters to the US?

What this means is that Americans will be paying double for alot of things including oil and gas which is heavily imported from Canada.

Ah well, here's to hoping we don't increase our tariff rate to match. If we don't, this could be a win for us.
What will actually happen, just like last time, is that tariffs will not apply to CUSMA compliant goods. So his announcement of 100% tariffs is just political theatre.
 


After making the GST announcement, the PM travelled from Ottawa to Etobicoke to meet with Premier Ford at the Premier's house in Etobicoke today and the Premier took the PM to the Pizza Nova near his house for lunch.

It’s pizza in our time.
Premier Doug Ford and Prime Minister Mark Carney made peace over Pizza Nova slices Monday in Etobicoke.
Ford, who settled for a veggie piece, bought Carney a slice of Hawaiian, joking, “I know you will probably get me on taxes so I’ll pay for this.”

Monday’s confab at a Royal York Road plaza came after the premier had complained last week that the prime minister blindsided Ontario when he slashed tariffs on Chinese electric vehicles earlier this month during a trade mission to Beijing.

Under the agreement, Canada will allow up to 49,000 Chinese EVs with a tariff of 6.1 per cent — down from the previous 100 per cent tariff set by former prime minister Justin Trudeau in 2024 — in exchange for China reducing counter-tariffs on Canadian canola and seafood.
Ford had expressed outrage at the deal, worrying that it would hurt Ontario’s automotive industry and warning Carney had made “a terrible, terrible, miscalculated decision.”

When a pool reporter at the pizzeria photo op asked, “Did you guys make up?” the premier played down the rift.

“Listen, guys, we’re a big family and sometimes brothers and sisters may disagree,” said Ford.

“But at the end of the day, make no mistake about it, we are one country, we’re Team Canada, both of us,” he said, adding “we agree on 99 per cent of the stuff as we move forward.”

“I won’t speak for all the premiers, but I’m pretty sure they’re all on the same page.”

Carney, who noted he will be gathering the premiers for a first ministers’ meeting Thursday in Ottawa, concurred.
“Yeah, 100 per cent absolutely agree with the premier. We listed five things, five big topics, that we worked through the course of 45 minutes,” the prime minister said of their bilateral meeting.

Against the backdrop of U.S. President Donald Trump’s tariffs on many Canadian goods, the leaders discussed the automotive business, critical minerals and energy.

Later Monday at Queen’s Park, Ford will meet with federal Industry Minister Mélanie Joly to discuss the Ontario auto sector.

The premier is hoping Ottawa will make concessions to boost the domestic industry, including removing the mandate that 60 per cent of all new vehicles sold by 2030 be electric, rising to 100 per

cent by 2035.

Last September, Carney paused the Trudeau-era requirement for 20 per cent of vehicles sold in Canada in 2026 to be electric and his government is now considering next steps.

Sources told the Star that changes to the EV mandate are looming.The pizza parley was held around the corner from Ford’s home, which Carney has visited at least three times.

Last summer, the prime minister bunked at the premier’s Muskoka cottage before the first ministers’ meeting in Huntsville.
 
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