Tag: HST Posts

Campbell’s Speech About The HST

 Journal

I didn’t see it live, but I read the highlights, and it’s pretty much exactly what I thought it would sound like. Whenever I see Gordon Campbell talk, I can’t help me feel that he’s talking down to everyone, and that’s the perception I was left with after reading his speech. First, he apologized for not giving the province a heads up about the HST, but Ottawa didn’t give him enough time. If that doesn’t sound like the biggest copout ever, I don’t know what would. Even if that’s true, you gotta wonder about any deal that’s shoved down your […]

The HST Benefits Everyone

 Journal

Well, it’s been nearly two weeks since the HST kicked in, and I thought I’d summarize some of the benefits: camping fees went up from $24 to $30 at Cultus Lake Gas went up about 5 cents per litre in Chilliwack Carbon tax on fuel went up 1.12 cents/litre the local Pharmacy started charging for all bags on July 1st a can of soda went from $1.05 to $1.15 at my favourite coffee shop BC Hydro’s Rate Rider was silently raised from one to four percent Clearly this tax is on its way to causing prices to drop on consumer […]

Bend Over, Harmonized Sales Tax Coming

 Journal

British Columbia just announced that they are going to be switching to a harmonized sales tax model in July of next year. Basically, instead of having a provincial sales tax (PST) of 7%, and a goods and services tax (GST) of 5%, they are going to have one combined tax, a harmonized sales tax (HST) of 12%. I’m no economist, but that seems like a pretty bad idea. Here’s a quote from the official release: This is the single biggest thing we can do to improve B.C.’s economy,” said Premier Gordon Campbell. “This is an essential step to make our […]