Harmonized Sales Tax (HST)

[Ciel]

Yesterday, there was an item about the HST hike coming to Newfoundland on July 1, 2016-from 13% to 15%:
http://www.cbc.ca/news/canada/newfou...-hst-1.3564709

But that new rate applies to May or June purchases in certain cases:

The Harmonized Sales Tax increase may not come into effect for two months, but you'll pay tax on some things bought before then if you don't pay in full before July 1.
In the latest provincial budget, Finance Minister Cathy Bennett announced the provincial HST would be going from 13 per cent to 15 per cent as of July 1, despite campaign promises made by Premier Dwight Ball during the fall election that there would be no hike.
On Tuesday government laid out rules for transactions that straddle the periods before and after the new tax kicks in.
The transitional rules require businesses and contractors to charge the 15 per cent HST on contracts and services that start before July 1, if they're not paid for before then.
Real estate

The transitional rules apply to various business sectors, but perhaps the most immediate impact will be on real estate purchases.
Under the new rules, any purchase in May or June would have 15 per cent HST applied if both ownership and possession of the property are transferred to the purchaser on or after July 1.

[tjthemanto]

If the oil prices slump continues and the Fort McMurray fire tragedy continues, I wouldn't be surprised if Alberta finally has a Provincial Sales Tax, just like other provinces.

so far they are the only province without HST or PST, just have GST. The provicial coffers are getting empty due to low oil production and corresponding low royalties due to low oil prices.

this Fort McMurray tragedy will jus add to that. Insurance will cover certain costs, but the AB province will also have to bear lot of costs. Luckily no life was lost.