Canada has implemented a new tax savings from December to February for some things like taxable groceries, crafts, and gaming physical media. I wanted to get a new Xbox controller and found the best price at Walmart for $55 a week ago. The tax holiday starts today and I now see that the $55 has increased to $62 and change, which is about how much tax I should be saving. Great to see this thinly veiled attempt to help Canadians ( /s - win votes) is just going to be extra profit in the corporations’ pockets.

  • wolfpack86@lemmy.world
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    8 days ago

    All this will do is create a black market full of scalpers who are incentivized to buy the entire stock of a good if the market is willing to pay significantly more.