Ontario says Ottawa's tax holiday will cost the province $1 billion, but it will support the GST break for consumers.

The Ontario government says it will match the federal government’s GST holiday by removing provincial sales tax (PST) from items that are not currently covered by existing provincial rebates.

Ontario's finance minister has announced the province will match a holiday tax break announced by the federal government, removing its provincial sales tax on the same items. Last week, the Trudeau government announced a series of new affordability measures over the holiday period and into the new year,

Last week, the federal Liberals announced it would not charge GST on several items from Dec. 14, 2024, to Feb. 15, 2025.

Ontario says Ottawa's tax holiday will cost the province $1 billion, but it will support the GST break for consumers.