Frustration over the lack of clear public awareness about the federal government’s holiday GST cut is being felt by some Smithers business owners.
That’s according to Smithers District Chamber of Commerce Executive Director Sheena Miller.
“In fact, at least half of the businesses I spoke to weren’t even aware of the temporary GST/HST break on certain items from December 14th to February 15th, 2025,” she added.
The cut was announced by the federal government in November to remove the GST tax on certain goods through the holiday season.
This includes:
- Food and Beverages
- Various children’s items
- Video games, consoles, and accessories
- Christmas decorations
- Physical books and newspapers
“The government’s published list of eligible goods was/is difficult to navigate, forcing retailers to quickly reprogram their point-of-sale systems and interpret which products qualify for the break,” said Miller.
She added business were given two weeks to prepare for the changes.
Some benefits of the tax break include reduced affordability gaps, and a boost in spending power for consumers.
At the same time, Miller feels these changes bring minimal benefit due to higher transportation costs for businesses and supply chain issues.
“Unfortunately, many small businesses I’ve spoken to view the change as more trouble than it’s worth, citing the operational burdens of implementing it in such a short time frame,” she added.
Another point of frustration is the pressure for businesses to pass the savings onto customers which would further squeeze their thin margins.
“If consumers direct their GST savings into small businesses, it creates a ripple effect that benefits our local economy, sustains jobs, and supports community initiatives,” said Miller.
Something going on in the Bulkley Valley Lakes District you think people should know about?
Send us a news tip by emailing [email protected].
