Bc Hst

B.C.'s Business Tax Regime Needs Competitive Jumpstart

One item sorely missing from the B.C. finance minister's recent budget was a plan to make the province's business taxes more competitive and attractive for investment. When the province shifted back to the PST last year, the cost of doing business and investing increased dramatically. Disappointingly, de Jong's budget did nothing to address this shackle around BC's economy. Tax reform, however, might be the light at the end of tunnel.

You're Being Taxed on Your Tax-Free Savings Account

I wish we could call a "time out" for politicians. Wouldn't it be great if we could send them to some dark room in Parliament and make them think about what they're doing? I'm talking about the tax you pay on your RRSP and all other types of investment accounts. Tax on TFSAs, RESPs and RDSPs. Yes, you're reading this correctly.

Scrapping HST In B.C.

B.C. will drop the HST and return to an "improved" PST next year with all previous exemptions, Finance Minister Kevin Falcon announced on Monday in Victoria. "We've got a much improved PST. It's not...

B.C.'s $1.6 Billion HST Problem

VICTORIA - Federal Finance Minister Jim Flaherty is dropping hints that British Columbia is in line for an extension on repaying the $1.6 billion it owes Ottawa for turning down the harmonized sales t...