April 29, 2024

B.C. will pay $1.6 billion in HST funding over five years

British Columbia will pay back, interest free, $ 1.6 billion in federal HST transition money over the next five years, the province announced Wednesday. The money was given to the province to help implement the harmonized sales tax, which was to have replaced the combined federal goods and services tax and provincial sales tax. Voters in a … [Read more...]