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Trudeau Announces C$4.5B Inflation Relief Measures

CANADA

Canadian Prime Minister Justin Trudeau has announced C$4.5 billion in new measures to combat the effects of inflation in remarks at a caucus retreat in St Andrews, New Brunswick.

  • Livestream of the remarks: https://cpac.ca/episode?id=47cc5897-154d-4154-880f...
  • Measures include double GST credit for six months, a one-time C$500 payment to low income renters, C$650 per year in dental benefit for children.
  • Trudeau says he is confident that the economic measures will be implemented in "a targeted way that will not stoke inflation."
  • Trudeau: "There are Canadians out there really hurting, what we're doing with these specific measures is targeting those hardest hit."
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Canadian Prime Minister Justin Trudeau has announced C$4.5 billion in new measures to combat the effects of inflation in remarks at a caucus retreat in St Andrews, New Brunswick.

  • Livestream of the remarks: https://cpac.ca/episode?id=47cc5897-154d-4154-880f...
  • Measures include double GST credit for six months, a one-time C$500 payment to low income renters, C$650 per year in dental benefit for children.
  • Trudeau says he is confident that the economic measures will be implemented in "a targeted way that will not stoke inflation."
  • Trudeau: "There are Canadians out there really hurting, what we're doing with these specific measures is targeting those hardest hit."