B.C. prepares for HST decision

Jim Dinning admits that it’s ironic for a former Alberta finance minister to be asked to weigh the merits of B.C.’s two choices for sales taxes.

But now out of politics and serving as chancellor of the University of Calgary, Dinning is chairing an independent review panel to compare the harmonized sales tax with B.C.’s former provincial sales tax before a referendum on the HST later this year.

Also named to the panel are former B.C. auditor-general George Morfitt, Simon Fraser University professor John Richards and Tracie Redies, CEO of Coast Capital Savings.

Their report is due April 1, and will make no recommendation on either the HST or the PST, Dinning told Black Press.

“Polling showed that people don’t feel they have all the facts they need, and they’re looking for an independent source rather than just the government information source,” he said.

The Canadian Taxpayers’ Federation is making a recommendation to voters: keep the HST and demand a lower rate to reflect the broader base of the new sales tax.

Gregory Thomas, the CTF’s communications director for B.C., says voting “no” in the referendum would kill off the “63-year-old relic” of the PST. He argues that the federal government reduced the Goods and Services Tax from seven to five per cent, and B.C. could do the same.

“Here in B.C. the government could have introduced the HST at a lower rate,” Thomas said. “Instead they chose to create an expensive and confusing rat’s maze of exemptions, credits and loopholes for special interests, and pay for it by charging ordinary taxpayers an exorbitant seven-per-cent HST rate.”

Thomas noted that if the HST rate were lowered, credits paid to a million low-income B.C. residents would also come down.

For special interests, he cited home builders, who benefit from HST credits and also successfully lobbied the province to raise the exemption for new home construction to $525,000. Resale housing is not subject to HST.

The B.C. government also launched a new website at www.hstinbc.ca to offer videos and answers to frequently asked questions about the change from PST to GST.

Just Posted

Paramedics union raises alarm over spike in out-of-service ambulances

Staffing shortages affecting service levels in Kootenays

Conseil Scolaire Francophone welcomes more than 30 students to new school in Golden in September

The Conseil Scolaire Francophone (CSF) has officially announced the opening of a… Continue reading

Animal control bylaw education period comes to a close in Golden

Submitted In order to avoid possible fines, dog owners in the community… Continue reading

Kicking Horse Canyon Project could see highway closures in 2020

The Ministry of Transportation and Infrastructure continues to meet with community stakeholders… Continue reading

Business Profile: Kicking Horse Embroidery

Susan Leigan loves to sew and quilt, which is why she opened… Continue reading

After mosque attacks, New Zealand bans ‘military-style’ guns

The gunman killed 50 in a Christchurch mosque

Nitro Cold Brew Coffee from B.C. roaster recalled due to botulism scare

“If you purchased N7 Nitro Cold Brew Coffee from Cherry Hill … do not drink it.”

B.C. man gets award for thwarting theft, sexual assault – all in 10 minutes

Karl Dey helped the VPD take down a violent sex offender

Baby left alone in vehicle in Walmart parking lot

Williams Lake RCMP issue warning after attending complaint at Walmart Wednesday

College of the Rockies to add 96 beds for student housing in Cranbrook

$17.7 million project featuring six cottege-style buildings to be completed by 2020

Okanagan College accepting students to new Tourism Management Diploma

The program will be offered out of the Revelstoke campus this September

Nowhere to grieve: How homeless people deal with loss during the opioid crisis

Abbotsford homeless advocate says grief has distinct challenges for those living on the streets

ICBC shifts to Alberta model, with higher rates, private insurers say

B.C. public insurance includes funding enforcement, driver licensing

Most Read