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Canada’s New GST Credit Boost: What It Means for You

Canada is rolling out a strengthened version of the GST/HST credit, designed to give low‑ and modest‑income households more breathing room as everyday costs continue to rise. The updated benefit increases annual payments and adds a temporary top‑up to help Canadians manage higher grocery and essential living expenses. What’s Changing? The traditional GST/HST credit is being expanded into a more generous support program. Key updates include: A 25% increase to the annual credit for five years A one‑time top‑up equal to half of your yearly GST credit amount Continued quarterly payments to help with ongoing affordability challenges How Much Could You Receive? The exact amount depends on your income and family size, but the enhanced credit provides meaningful boosts: Families with children may receive close to $1,900 in the first year Single adults may receive close to $950 Annual payments remain higher than before for the next several years Who Qualifies? Eligibility ...
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Hollywood Faces Uncertain Future as Trump Announces 100% Tariff on Foreign Films

 

In a move that has sent shockwaves through the global film industry, President Donald Trump has announced a 100% tariff on all movies produced outside the United States. The decision, revealed via his Truth Social platform, is aimed at revitalizing the American movie industry, which he claims is "dying a very fast death" due to foreign incentives luring productions away from Hollywood.  

Trump has authorized the Department of Commerce and the U.S. Trade Representative to begin implementing the tariff immediately. However, details on how the policy will be enforced remain unclear, leaving industry insiders scrambling to assess its potential impact.  

The announcement has sparked concern and confusion among filmmakers, particularly those involved in international productions. Many Hollywood blockbusters, including franchises like Mission: Impossible and Avatar, rely on overseas locations for filming. The tariff could significantly increase costs for studios and disrupt ongoing projects.  

Critics argue that the move could harm rather than help the U.S. film industry, as it may discourage international collaboration and limit the diversity of films available to American audiences. Meanwhile, supporters believe it could encourage more domestic production and bring jobs back to Hollywood.  

As the industry awaits further clarification, one thing is certain—Trump’s latest trade policy has ignited a fierce debate over the future of filmmaking in America.  



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