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Old 2009-03-25, 09:07 AM
kaydy kaydy is offline
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Join Date: Feb 2009
Posts: 111
Default GST / PST harmonization

The thought about the harmonization of PST/ GST is a huge blow for all of us new home buyers. Everything will go up significantly, blowing our budget to shreds. Only in Canada would they introduce something like this when we are knee deep in recession.

To quote an article on Globe and Mail;

Tax increases on new home sales would range from $12,000 to more than $46,000.

Heating costs, cable, internet, etc will all go up.

Bad news. Shame to the our current elected govt officials for even considering this during such tough times !!
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