As Canada is climbing out of the recession, most incentives in the federal stimulus package passed last summer are coming to an end. For example, the home renovation tax credit ended on January 31, 2010.
Thankfully, many incentives for small businesses remain in place for a while longer.
Besides the tax cuts and assistance on financing that [...]

Commencing July 1, 2010, in Ontario, the Goods and Services Tax (GST) will blend with the provincial sales tax and become the Harmonized Sales Tax (HST) in Ontario. The new tax is set at 13%.
At the moment, a GST registered business collects the GST from the customers and pays the GST to its suppliers. At [...]

According to the Winnipeg Free Press, the government of Manitoba is in no hurry to jump onto the Harmonized Sales Tax (HST) bandwagon.
Premier Selinger made it clear that his government will not be joining provinces such as Ontario and B.C. in adopting the HST any time soon. In a news release on December 15, 2009, [...]

Since my posting on the HST (”HST to Become Reality for Ontarians,” December 10, 2009), I have received several inquiries regarding the upcoming HST. In response I’ve decided that I’ll post bulletins on new HST developments.
Ontario’s HST, or Harmonized Sales Tax, will blend the Goods and Services Tax (GST) and the Provincial Retail Sales Tax [...]

It’s now official: both Queen’s Park and Ottawa passed legislation regarding the harmonized sales tax (HST). The new measure will come into force in summer 2010 in Ontario.
The HST will blend the Goods and Services Tax (GST) and the retail sales tax (RST) on all goods and services that are subject to the GST. Until [...]