With regard to the Goods and Services Tax (GST) and shrinkflation: (a) will the government be lowering the size or volume threshold for items which are subject to GST when they are under a certain level (e.g., 500 ml of ice cream); (b) if the answer to (a) is affirmative, (i) on what items will the threshold be lowered, (ii) what will be the new threshold, (iii) when will the new threshold take effect; and (c) if the answer to (a) is negative or unconfirmed, how much additional GST revenue is the government expected to receive as a result of shrinkflation, and what will the additional revenue be used for?
In the House of Commons on September 18th, 2023. See this statement in context.