GST Going Down...

bcdphie · #1 05-02-2006, 05:10 PM

The new Canadian Federal budget has just been released - as of July 1, we now only have to pay 6% GST, so happy birthday...

From the CBC
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The Conservative government used its first budget to follow through on several campaign promises, with initiatives that include reducing the GST and bringing in its monthly child-care allowance.

Rest of Story

DeltAlum · #2 05-02-2006, 05:14 PM

What is the GST? (Government Sales Tax?)

bcdphie · #3 05-02-2006, 05:53 PM

Quote:

Originally posted by DeltAlum
What is the GST? (Government Sales Tax?)

Goods and Service Tax

Lady Pi Phi · #4 05-02-2006, 06:47 PM

That's good news!

Harper's actually following through on something.

Taualumna · #5 05-02-2006, 11:24 PM

Quote:

Originally posted by Lady Pi Phi
That's good news!

Harper's actually following through on something.

Good news for us, yes, but not necessarily for small businesses. According to media reports, many people aren't going to buy big items, such as TVs and computers until after July 1st, when the 6% takes effect. THis means that some stores, especially smaller ones, will lose business,.

DeltAlum · #6 05-03-2006, 09:21 AM

Quote:

Originally posted by bcdphie
Goods and Service Tax

Oh yeah, that one.

(Thanks for the answer!)