The Canadian Taxpayers Federation says the return to the PST has its pros and cons.
BC Director Jordan Bateman says one thing is for sure reverting to the PST won’t be a net benefit to the BC economy.
He said “I don’t foresee any kind of economic gain out of this of course there will be certain sectors that might do a little better, certain sectors might do a little worse, but on the whole it is going to be same old same old.”
Bateman says while the return of the PST won’t be an economic boon, it does have an upside.
He said “Well I think the biggest improvement is that they are going to streamline the back end so some of the things that don’t affect consumers as in how they collect it how businesses have to register that is going to be a whole lot easier.”
That said Bateman says bringing back the PST was long overdue calling the HST “a bit like a girlfriend British Columbia just couldn’t get over.”
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