HST
PEI raises HST to 15%
Delays plans to balance provincial budget for a year.
NL budget delivers tax hikes, job cuts, $2B deficit
Measures to cut government spending and raise cash are expected to cost average families $3,000 in new taxes.
BC carbon tax to be reviewed
BC’s “world-leading” carbon tax is being reviewed because the rest of North America hasn’t followed through on pledges to keep up, the province’s finance minister says.
Mitigating a blow to BC’s competitiveness
With the defeat of the harmonized sales tax, BC’s competitiveness will suffer a crushing blow, as the province experiences a rebirth of the provincial sales tax.
Business confidence dips in April
TORONTO: A business confidence survey conducted by the Canadian Federation of Independent Business (CFIB) showed business confidence had dropped from 69.9 in March to 66.4 in April. “Optimism has fallen in eight of 13 industry groups, including the bellwether sectors…
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Get a jump on the HST
The HST will allow manufacturers to claim the sales tax they pay on most inputs. Photo: iStockphoto While addressing taxes likely isn’t high on the 2010 priority list for many of Canada’s manufacturers, those of you in BC and Ontario…
Harmonize your sales tax planning
Ontario and BC will implement a harmonized sales tax (HST) effective July 1, 2010 that will replace provincial sales taxes. New HST will be 13% in Ontario and 12% in BC. Both provincial governments have released information on the transitional…
